Rogo's rapid revenue growth and high valuation highlight the increasing demand for AI-driven automation in financial services, reshaping industry dynamics.

The post Rogo’s annual recurring revenue triples to over $50M, surpassing Hebbia in financial AI race appeared first on Crypto Briefing.

Wilson's emergence as a key player could lead to significant transfer interest, impacting Hearts' future squad dynamics and financial strategy.

The post Hearts defeats Hibernian 1-0 in Edinburgh Derby as teenager James Wilson proves decisive appeared first on Crypto Briefing.

Widespread price increases challenge the Fed's rate cut plans, complicating market expectations and eroding real returns on bonds.

The post 54% of consumer basket now sees price increases above 3%, the highest share in nearly three years appeared first on Crypto Briefing.

This deal highlights the growing intersection of AI infrastructure and financial trading, potentially reshaping industry dynamics.

The post Crusoe signs $13B cloud computing deal with Jane Street appeared first on Crypto Briefing.

The evolving stablecoin yield market challenges regulatory frameworks and accounting standards, impacting traditional banking and financial stability.

The post Stablecoin yield debate raises crypto accounting challenges as $22.7B market outpaces regulation appeared first on Crypto Briefing.

Bitcoin Magazine

Kraken and SoFi Link Crypto Trading To Banking Rails

Payward, the parent company of crypto exchange Kraken, and fintech company SoFi Technologies on Thursday announced a deal to route SoFi customers’ crypto orders through Kraken’s institutional trading platform and list SoFi’s stablecoin on the exchange.

Under the agreement, SoFi will send its digital asset order flow to Kraken Prime, Kraken’s prime brokerage arm, which launched in 2025. 

Rather than filling trades against a single order book, Kraken Prime uses smart order routing to compare prices and depth across multiple venues and execute where the fill is best. SoFi said customers will see no change to the app itself.

Payward is also joining the SoFi Exchange Network, the bank’s real-time settlement system, and will list SoFiUSD — SoFi’s bank-issued stablecoin — on Kraken. 

Kraken Prime’s institutional and business clients will in turn gain access to SoFi’s business banking services and round-the-clock fiat settlement. The companies said qualified custody services would follow later.

SoFi holds a national bank charter and has 15.8 million members. The partnership is the latest in a series of tie-ups between Kraken and established financial firms, following arrangements with Deutsche Börse on foreign exchange and derivatives infrastructure, Nasdaq on a tokenized equities gateway, and Franklin Templeton on tokenizing exchange-traded funds.

The news comes after SoFi, a purely digital lender, last year became the first nationally chartered bank in the United States to launch crypto services for retail customers.

The company’s new SoFi crypto platform allows members to buy, sell and hold bitcoin directly within their bank accounts.

Kraken — like other crypto exchanges — is pushing into the traditional finance world, allowing users to trade stocks, bonds and other assets. The company has sold its app as a “primary account for everything.”

This post Kraken and SoFi Link Crypto Trading To Banking Rails first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It

Bitcoin surged on Thursday — but industry-related stocks rose even quicker as a rally that started weeks ago again picked up steam. 

The price of the biggest cryptocurrency hit as high as $81,282 on Thursday morning in New York, a nearly 3% increase over a 24-hour period. 

Over the past 30 days, the bitcoin price has surged over 23% following both positive regulatory news and announcements from the U.S. Treasury Department regarding debt buybacks. 

But other major crypto company stocks rose quicker. Bitcoin treasury Strategy (NASDAQ: MSTR) was trading more than 13% higher on Thursday. The company on Monday resumed bitcoin buys after a 10-week pause to reshuffle its cash balance sheet. 

America’s biggest crypto exchange, Coinbase, also saw its stock shoot up. Nasdaq-listed COIN was trading 11% higher in the same time period. 

Elsewhere, bitcoin mining companies had a boost too. Top public companies in the space — including the Nasdaq-listed HIVE Digital, MARA, and CleanSpark — all were up on Thursday. 

HIVE Digital led the pack with a 13% jump, while MARA Holdings was up more than 10% on the day. 

Clean energy bitcoin miner CleanSpark jumped by 9%; IREN, which is slowly phasing out its mining operations to focus on AI-compute, was up by 4%. 

Bitcoin had a phenomenal run in August — its third best such month in its history — after the U.S. Treasury Department said it would more than double the size of its government debt repurchases.

The announcement, aimed to tame surging yields not seen in nearly 20 years, hurt the dollar but has benefited non-yielding assets like bitcoin and gold. 

Soon after, President Donald Trump urged lawmakers to get the long-awaited crypto Clarity Act over the line — digital asset legislation the industry has long called for. 

Investors rushed back into bitcoin exchange-traded funds as a result, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. 

Bitcoin had spent a lot of the year trading below $80,000 per coin, with June and July mostly below $65,000. The coin hit a new record of $126,080 in October. It is now nearly 40% below that number. 

This post Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates 

Multinational bank Standard Chartered announced Thursday that it had debuted bitcoin spot trading for institutional clients in the United ‌Arab Emirates. 

The bank said that eligible institutional clients would be able to use the service — the first of its kind in the country. 

Standard Chartered in 2024 launched digital asset custody services in the UAE, months before it debuted spot crypto trading in other countries. 

“The UAE has developed a clear digital assets regulatory framework that supports institutional participation and innovation,” Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan at Standard Chartered, said.

He added: “By combining execution with secure custody, governance and the connectivity of a global bank, we are providing clients with a more integrated way to participate in digital asset markets.”

Standard Chartered in 2025 set up a trading desk for bitcoin and other cryptocurrencies in London, making it one of the first global banks to enter spot cryptocurrency trading.

The crypto desk became part of the forex trading operation. The bank the same year debuted a blockchain unit called Libeara to help institutions tokenize traditional assets. 

Standard Chartered has lately said that bitcoin’s price should continue to surge this year. Writing in an August note to investors, the bank’s Global Head of Digital Assets Research, Geoffrey Kendrick, said that a $100,000 price forecast by year-end was too low. 

“Once investors remember how quickly prices can accelerate to the topside, and we get past the 6 October date (12 months after the all-time high) an overshoot towards the all-time high (USD126k) before year-end may be possible,” he said, adding that bitcoin’s bear market so far has been the shallowest on record. 

This post Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month

Wall Street’s top regulator has said that he expects the long-awaited Clarity Act will get passed this month and the U.S. will be on track to be the “crypto capital of the world.” 

Speaking to Fox Business on Tuesday, Securities and Exchange Chairman Paul Atkins confirmed that the regulator was pushing ahead with rules to help the crypto industry. 

Pro-crypto lawmakers had hoped to pass the Clarity Act before Congress broke for August recess, but the vote slipped to September. The bill will establish a framework for distinguishing between digital assets that are securities, commodities or stablecoins. 

“The Clarity Act will be voted on in the Senate on the 15th of September,” Atkins said. “I anticipate and hope that it will be passed by the Senate and sent ultimately to the President’s desk for a signature.”

He added: “We’re changing the past approaches to try to update [rules], modernize them in the age of blockchain and crypto assets.”

Despite a vote on the Clarity Act being delayed, regulators like the SEC and Commodity Futures Trading Commission have said they will still proceed with trying to shape crypto policy. 

Last week, the SEC sent a proposal to the White House aiming to “clarify the framework for the custody of crypto assets” for investment advisers and companies. 

Despite being passed by the House of Representatives last year, the Clarity Act has been in a deadlock for most of this year after the banking lobby clashed with lawmakers and crypto businesses over whether platforms like Coinbase should be able to pay customers yield. 

Some lawmakers have sought to change wording in the bill regarding ethics, and a new bill started circulating in July. The draft bans government officials from promoting and making money from crypto. 

But other Democratic lawmakers said it still fell short; a number of pro-crypto Republicans accused Democrats of deliberately playing politics and delaying the bill. 

This post ‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin

Mexican billionaire Ricardo Salinas is at it again. 

This time, the third richest man in Mexico told his followers that “fiat inflation is a hidden tax,” and the way to hedge against it was to buy bitcoin. 

Salinas, the former chairman of home appliance and electronics retailer Grupo Elektra and Banco Azteca founder, told his followers to opt out and start protecting their savings. 

“Bitcoin changes one fundamental rule: no one can print more just because they want to,” Salinas said in a video on X on Monday. 

“While you have to work to earn more money, the system can simply create more of it. Don’t be fooled: learn, protect your savings, and defend your freedom, buy bitcoin and hold it.” 

It’s not the first time Salinas has told his followers to be aware of government monetary policy. 

The billionaire posts on X almost daily to millions of followers, and criticizing central bank money creation is one of his recurring themes, appearing in tweets, interviews, conference keynotes, and video messages. 

In recent years, the entrepreneur has stepped up his criticisms of governments — and his praises of bitcoin. Earlier this year admitted he had increased his allocation in the asset from 10% to 70% of his portfolio. 

Salinas’ bitcoin enthusiasm all stems from central bank monetary policy. Speaking at Bitcoin 2022, Salinas described traditional money as “the fiat fraud.”

“What they are doing is printing money out of thin air, and then making fake purchases,” he said of the Federal Reserve. 

The business magnate has also talked about his success in “orange pilling” his friends and family. 

“I convinced my wife to mortgage the house that she has and take a loan to buy bitcoin,” he once boasted in an interview. 

This post Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

The Aug. 28 Solana fee vote on SGP-0003 produced an unusual result: a majority of participating stake supported the reform, yet the proposal failed. The outcome offers the clearest evidence so far that co-founder Anatoly Yakovenko can shape the network’s economic agenda while validators and stakers retain formal authority over a mandate.

SGP-0003 finalized with 142.844 million SOL in favor, 50.146 million against, and 72.025 million abstaining across 1,152 voters. About 265.015 million SOL participated, equal to 61.14% of the 433.486 million SOL snapshot. Quorum was comfortably cleared. Approval stood at 53.90% because the governing calculation included abstentions, leaving the For side roughly 33.83 million SOL short of the required two-thirds.

Abstaining stake remained separate from opposition, but it still increased the support needed for approval. That rule turned the large middle of the electorate into a decisive part of the result and made coalition breadth more important than a simple For-versus-Against comparison.

The vote bundled a rulebook test with an economic package

The rejection exposed a conflict inside Solana’s new governance record. The frozen text of SGP-0003 said no quorum applied and excluded abstentions from its approval calculation. The current governance FAQ and the Constitution ratified in the same cycle count For, Against, and Abstain toward quorum participation and the two-thirds denominator.

The official system applied that inclusive rule and finalized the proposal as rejected. The frozen ballot’s wording would have yielded a different approval percentage, but the recorded outcome follows the FAQ and Constitution. For voters, abstention therefore offered a way to decline the full mandate without joining the Against camp. That describes the ballot’s effect rather than any individual voter’s motive.

CryptoSlate’s earlier coverage of Solana’s governance framework outlined how stake can sponsor proposals and override validator choices. SGP-0003 provides a live demonstration of how the denominator shapes power: public advocacy can put a policy on the agenda, while approval still depends on a sufficiently broad stake coalition.

The economic package made that coalition difficult to assemble. Yakovenko’s public support focused on the proposed starting rate. On Aug. 25, he backed a rate of one-tenth of a lamport per requested cost unit, according to Solana Compass. The ballot covered a full three-stage path, with later feature gates lifting the resource-fee rate to one-quarter and then one-half of a lamport.

Validators and stakers were thus deciding on more than the first step Yakovenko highlighted. They were asked to endorse the entire ramp and the distributional consequences built into SIMD-0553.

The technical plan would replace Solana’s 5,000-lamport fee per signature with a 2,500-lamport inclusion fee per transaction, paid to the block leader. It would add a resource fee based on the scheduler cost requested by a transaction and burn that fee in full. Priority fees would remain unchanged and continue going to the leader.

Charging for requested resources would affect users unevenly. Applications that set loose compute limits could pay more or encounter insufficient-balance rejections. Efficient low-resource transactions could pay less. Legacy validator vote transactions would need compute-budget and fast-path updates ahead of Alpenglow, and every validator client implementation would need the relevant feature gates before the consensus-breaking change could first activate.

CryptoSlate previously examined the design’s potential burn effect. The final Solana fee vote supplies the political lesson. General support for pricing scarce resources left major questions about the rate path, the cost burden, and how much policy should be approved in a single mandate.

The Solana fee vote makes coalition-building part of protocol design

The recorded positions crossed prominent operators and delegated-stake holders. Validator Info listed Jupiter, Drift, Bitwise Onchain Solutions, and Forward Industries among opponents. Figment, Staking Facilities, Kiln, and P2P.org were among the supporters.

The arithmetic rules out a single-voter explanation. Jupiter’s allocation of roughly 11.78 million SOL was substantial, yet the For side needed approximately 33.83 million additional SOL to reach two-thirds. The wider distribution of opposition and abstention produced the shortfall.

Yakovenko’s public comments also complicate a founder-versus-validator reading. In an Aug. 27 reply, he said validator revenue encourages more people to stake. His argument placed validator economics within the network’s security model, even as he promoted the reform’s initial resource-fee rate.

Formal governance covers only one stage of the change. An SGP provides a directional stake mandate. Technical design lives in a SIMD, and deployment still requires compatible validator-client releases and separately scheduled feature activation. Finalizing a vote locks the tally. The implementation process follows separately.

That division of authority defines the practical constraint on Yakovenko. His endorsement elevated the fee question and supplied an economic argument. The full three-stage package still fell short of the coalition required for a stake mandate. Validators and stakers exercised the authority granted by the ratified rules, while developers retain responsibility for technical review and implementation.

Yakovenko’s agenda-setting role remains visible in the proposed response. AMBCrypto reported after his initial endorsement that he favored splitting the reform into one proposal replacing the fixed signature fee and another deciding whether validators or an automatic mechanism should set future rates. Unbundling those choices could isolate areas of agreement and give voters a clearer view of each tradeoff.

A smaller successor could begin through the optimistic SIMD process. Under Solana’s governance process, holders of 15% of active stake can still force a network vote. The Constitution also directs fundamental economic changes toward the SGP path. Splitting the plan would improve its packaging while leaving open the possibility of another validator and staker decision.

SGP-0003 therefore marks a change in how founder influence operates on Solana. Yakovenko’s support helped define the problem and the first proposed rate. The electorate rejected the bundled mandate under a supermajority rule. Any successor now needs either a more focused technical scope, a broader stake coalition, or both.

The Solana fee vote demonstrated the governance system’s ability to stop a founder-supported implementation. The next round will test the other half of the power equation: how effectively the same founder can reframe the policy, separate its contested parts, and persuade enough stake to move it forward.

The post What Solana’s failed fee vote reveals about Anatoly Yakovenko’s power appeared first on CryptoSlate.

Hyperliquid Strategies, a Nasdaq-listed company using equity sales to build a treasury of Hyperliquid's HYPE token, has expanded its committed-equity facility with Chardan Capital Markets to $2.5 billion from $1 billion.

The immediate runway before a new dilution constraint applies is far smaller than the headline commitment. Hyperliquid Strategies' annual report disclosed $646.6 million of gross facility proceeds through June 30, followed by another $117.1 million raised through facility shares after quarter-end. Together, those figures show at least $763.7 million of proceeds, leaving no more than about $236.3 million before aggregate sales reach $1 billion. Any later sales would reduce that headroom, and the September 1 filing did not provide an updated utilization total.

Once aggregate facility sales pass $1 billion, the issue price becomes decisive. Under the operative amendment, Hyperliquid Strategies cannot complete a sale if doing so would take the aggregate number of facility shares issued at prices below $12.02 above 42,641,847. That exchange cap equals 19.99% of the company's pre-amendment voting power or outstanding common shares. Issuance above the cap requires stockholder approval unless that approval is not required under Nasdaq rules.

The restriction does not, however, translate into a clean dollar ceiling. Shares sold at $12.02 or more do not fall under the price-specific cap, while the remaining capacity for lower-priced sales depends on how many qualifying shares already count toward it. The filings disclose aggregate shares, proceeds and an average price, but not the transaction-level price mix needed to calculate that count. The amendment also permits the cap to be reduced by other transactions that Nasdaq treats as part of the same issuance.

The dilution mechanism matters because equity sales have financed the company's crypto treasury strategy. An August 27 update said Hyperliquid Strategies had deployed $773.4 million to acquire about 16.5 million HYPE and held roughly 29.3 million HYPE in total. It also reported $646.6 million raised at an average issue price of $8.70; that figure did not include the additional $117.1 million of post-June 30 facility sales disclosed in the annual report.

The $2.5 billion facility therefore represents optional financing capacity, not a guaranteed HYPE buying program. The dated disclosures indicate at most $236.3 million remained before the $1 billion trigger; beyond that point, access to the full commitment will depend on sale prices, remaining exchange-cap headroom and whether stockholders must authorize additional discounted issuance.

The post Hyperliquid treasury company increases token buying strategy to $2.5 billion as shares run out appeared first on CryptoSlate.

Bitcoin may be slipping beyond its four-year cycle as institutional capital and macro liquidity gain influence over price.

On Sept. 3, Bitcoin analyst Willy Woo said that Bitcoin could be moving toward a 6-to-8-year rhythm tied more closely to traditional finance’s short-term debt cycle than to its halving schedule.

According to him, this shift does not make halvings irrelevant. Instead, it means their influence is shrinking relative to the scale of capital now moving through exchange-traded products, corporate treasuries and other institutional channels.

Bitcoin’s April 2024 halving cut the block reward to 3.125 BTC, leaving annual new issuance at roughly 164,250 BTC, or about 0.82% of current circulating supply. The next halving, expected in 2028, would cut that pace again to about 82,125 BTC a year, equivalent to roughly 0.41% of today’s supply base.

That makes each new supply shock smaller just as Wall Street’s footprint grows larger.

Institutional capital is starting to rival Bitcoin’s internal clock

The balance has already changed materially, with institutional holdings now dwarfing the amount of new Bitcoin miners add to circulation each year.

Data from Bitcoin Treasuries shows 100 public companies now hold more than 1.2 million BTC, while Bitcoin exchange-traded products around the world control more than 1.5 million coins.

Together, those two groups account for more than 2.7 million BTC.

That stock is already more than 16 times the amount of new Bitcoin miners currently produce in a year. After the 2028 halving, the gap would widen further as annual issuance falls toward 82,125 BTC.

The comparison does not mean institutional holders dictate price. It does show how much smaller the miner-supply shock has become relative to the Bitcoin already sitting inside corporate balance sheets and regulated investment products.

Woo’s argument is that this changing balance could make credit conditions, global liquidity and portfolio flows increasingly important in determining major market turns.

Bitcoin’s historical four-year rhythm has always been approximate rather than mechanical. Halvings, monetary policy and investor psychology have overlapped across previous cycles, while the limited number of completed cycles makes any fixed pattern difficult to establish.

Recent research has also stopped short of declaring the old framework dead.

Galaxy Research said in June that the four-year cycle remained visible, although its amplitude was compressing. A 21Shares midyear review similarly described the pattern as evolving rather than broken.

Fidelity Digital Assets has also argued that Bitcoin’s larger market capitalization, broader institutional base and lower volatility could make future cycles behave differently from earlier boom-and-bust periods.

Woo’s 6-to-8-year thesis therefore remains a developing framework rather than a confirmed replacement.

The measurable change is already underway: annual miner issuance is shrinking toward a fraction of circulating supply while millions of Bitcoin accumulate inside institutional vehicles.

If that trend continues, the next major Bitcoin cycle may depend less on the halving clock alone and more on the same credit and liquidity forces that already shape traditional markets.

The post Bitcoin may be leaving its 4-year cycle behind for a 6-to-8-year Wall Street rhythm appeared first on CryptoSlate.

Revolut filed with the OCC and FDIC on March 4 to establish Revolut Bank US, an insured national bank that would take deposits, issue credit cards, make loans, and connect directly to Fedwire and ACH.

Nearly six months later, that application remains pending, while federal regulators have spent the same stretch conditionally approving or converting bank charters for Circle, Ripple, Coinbase, Paxos, BitGo and several other crypto firms.

Revolut has not been denied, though its application sits under review, and comparing it directly to those crypto approvals misses what each company asked Washington for.

A national bank wants more

Revolut's application describes a full-service digital national bank supporting deposit accounts, card products, consumer and commercial lending, cross-border payments, and investment and trading services, built to reduce the company's reliance on partner banks.

The company says it serves more than 70 million customers across 40 markets and carries a $75 billion valuation, reached in a November 2025 secondary offering.

That puts the application through every layer of traditional bank review at once. Regulators must weigh capital and liquidity adequate to survive stress, credit underwriting and loss reserves for its lending book, and BSA and OFAC compliance given the deposits and payments involved.

Community Reinvestment Act obligations tied to insured status add another layer, along with an OCC judgment on whether Revolut's management can run a US national bank safely. Federal deposit insurance adds exposure to the Deposit Insurance Fund itself, an industry-funded, government-backed layer none of the crypto trust charters carry.

Most crypto approvals cover something narrower than Revolut's case

The OCC's December 2025 approvals for First National Digital Currency Bank and Ripple National Trust Bank, along with conversions for BitGo Bank, Fidelity Digital Assets Trust Company and Paxos National Trust, were national trust-bank approvals.

They centered on custody, reserves, and digital-asset services, well short of full deposit banking.

Circle's charter provides custody for the firm, its affiliates, and a limited set of institutional customers. Coinbase National Trust Company offers digital-asset custody and related transactional services strictly to custody clients.

World Liberty's trust bank issues and redeems its USD1 stablecoin and holds reserves. Its OCC decision states plainly that the company has no plans to become an insured depository institution, so Community Reinvestment Act requirements do not apply.

Bridge, owned by Stripe, received a similar stablecoin-and-custody trust charter, with the OCC noting that the stablecoins involved are not deposits and carry no FDIC insurance under the GENIUS Act framework.

Still, these are not the same license Revolut is seeking, but the gap between them is worth reading into.

The comparison that runs through other fintechs

Three other companies pursued the same full-service insured bank charter Revolut wants, and their outcomes show what the OCC requires.

Nubank received preliminary conditional approval in January for a new national bank offering lending, deposits, and digital-asset custody. The OCC noted it still needs FDIC insurance and other preopening approvals before final sign-off.

Upstart received similar preliminary conditional approval in July for a fully digital insured lender focused on consumer credit, while bunq did not clear that bar.

The OCC denied bunq's application over issues with capital, management experience, profitability assumptions, and risk to the Deposit Insurance Fund. The agency found that bunq's proposed leadership lacked sufficient US banking and credit-product experience and that its financial projections were not adequately supported.

Revolut sits inside that same full-bank lane, which makes Nubank, Upstart and bunq the honest comparison set, well beyond Circle or Coinbase.

The Revolut review has turned contested on its own terms

Fair Finance Watch filed formal opposition to Revolut's application on May 7, citing the company's international compliance history and criticizing its Community Reinvestment Act plan.

The Federal Reserve has since pressed Revolut on BSA and OFAC obligations, the timeframe behind its CRA plan, and its planned service to low- and moderate-income communities.

Lithuania's central bank fined Revolut €3.5 million in 2025 for anti-money laundering deficiencies found during a routine inspection, covering gaps in transaction monitoring and suspicious-activity detection.

Regulators identified no confirmed money laundering, and Revolut says it has committed to corrective action.

Inner City Press has separately alleged that the OCC withheld more than 1,000 pages of records tied to the Revolut review in response to a FOIA request.

That claim shows the review has become genuinely adversarial at the same moment the OCC is publicly marketing itself as newly open to chartering.

Comptroller Jonathan Gould said in August that the OCC had received 40 new charter applications since President Trump took office, with 23 involving digital assets.

The agency had resolved many complete applications within roughly 120 days, a timeline applied only to complete filings.

The OCC's guidance allows it to return deficient filings or request additional information when supervisory, compliance, or CRA issues remain open. A faster chartering posture and a cautious approach to insured deposit-taking can coexist inside the same agency without contradiction.

The length of the full-bank lane

The bull case has Revolut eventually joining Nubank and Upstart with conditional approval, showing that a global fintech can become a US national bank if it fully satisfies capital, CRA, management, and compliance requirements.

Under that path, more competition arrives in deposits, cards, remittances, and crypto-linked retail finance, and the broader “crypto banking boom” narrative gains a genuine full-bank chapter alongside its custody and stablecoin one.

The bear case has Revolut's review dragging on, facing a bunq-style denial, or ending in withdrawal, while trust-bank approvals for crypto firms keep moving forward on their own separate track.

In that scenario, the apparent boom in crypto banking narrows considerably in practice. Custody and stablecoin infrastructure keep advancing under federal supervision, while the harder door into deposit-funded, FDIC-insured banking stays about as difficult to walk through as it always was.

Washington has genuinely opened federal banking infrastructure to digital assets this year. It has not yet decided how far it will open the older, harder door sitting right next to it, and Revolut's application is where that answer is getting tested.

The post Revolut hit by Washington crypto boom illusion, exposing massive two-tier banking system appeared first on CryptoSlate.

Kalshi, the US-regulated exchange that won approval for a Bitcoin perpetual in May, is preparing to ask the Commodity Futures Trading Commission to approve a perpetual futures contract tied to West Texas Intermediate crude oil, Reuters reported on Sept. 2. If approved, it would be the first oil perpetual to trade on a regulated US platform and would move a product structure built in crypto into the benchmark US oil market.

Crypto's favorite derivative was built around assets that trade every hour, with a structure that lets traders keep the same position because the contract has no fixed expiration. Reuters said Kalshi plans to offer the WTI contract 24 hours a day, five days a week, leaving it closed during the period when an always-on oil price would be most useful.

While that trade-off may improve the contract's chances in Washington, it will weaken its strongest use case. Bitcoin perpetuals can reference spot trading that runs continuously across many venues. Oil prices depend on physical supply and storage, while the futures market expresses those conditions through contracts for different delivery months. Those features stay with the commodity even when the derivative loses its expiration date.

A perpetual contract that still closes

Perpetual futures replace expiration with a funding mechanism. Payments between long and short positions are calculated at regular intervals to keep the derivative's price close to a reference price. Traders can keep the same position open as the market advances through successive delivery months.

Kalshi's existing Bitcoin perpetual shows the crypto model. It trades 24/7, uses the CF Benchmarks Bitcoin Real-Time Index, updates that reference every second, and applies funding every eight hours. The CFTC's approval rested in part on Bitcoin's globally distributed and continuously observable spot trading.

Kalshi's reported plan separates contract maturity from trading hours and from the reliability of the market being tracked.

CME's separate proposal shows why trading hours and contract maturity require different regulatory answers. The exchange announced a small, cash-settled 10-Barrel WTI Crude Oil future with proposed 24/7 trading, while preserving fixed expiration. The CFTC later stayed CME's self-certification while conducting a fuller review. The action leaves Kalshi's case open and shows how closely the agency is examining extended-hours oil products.

Conventional WTI futures already trade for nearly 24 hours a day from Sunday evening through Friday, with a daily break. Kalshi's weekday value would therefore come primarily from removing expiration because conventional WTI already covers almost all those hours. The 24/5 schedule also avoids many operational problems around weekend trading, while leaving positions exposed to news that accumulates during the closure and has to be absorbed when trading resumes.

A funding rate is only as credible as the price it is trying to follow. Bitcoin offers continuous spot transactions from which an index can be calculated. Physical crude trades through dispersed transactions and assessments during defined windows, providing no single, continuously observable spot market of the same kind.

In its review of energy perpetuals, the CFTC asked whether a perpetual could reference a physical assessment, a futures contract, or some composite of the two without creating an unreliable or easily manipulated price.

The sequence of oil delivery carries information that a single no-expiry price has to compress into one reference. Storage and financing costs help shape the futures curve, along with the value of having physical barrels available sooner. Contango, where later contracts trade above near-term ones, can reflect plentiful supply and the cost of holding oil. Backwardation, where near-term contracts trade higher, can reflect physical scarcity and the value of immediate access to barrels.

This also means a perpetual can remove the trader's manual roll by transferring the economics behind it into the contract. If Kalshi's reference follows the front-month future, the methodology still has to move into another contract as delivery approaches. The resulting roll cost or benefit would reappear through the reference price, the funding rate, or both.

The April 2020 collapse below zero shows why the reference choice is more than just a little technical detail affecting the price.

The expiring WTI contract fell below zero as storage at Cushing became scarce, while later-dated contracts stayed positive. A perpetual has no terminal delivery event, so Kalshi would have to decide whether its mark price should reproduce that kind of physical stress or follow a broader measure that smooths it out. Its funding and liquidation systems would then have to function at or below zero. The CFTC limited its Bitcoin approval to similarly structured perpetuals tied to digital commodities with deep, active, and continuous spot trading.

The strongest use case is the one Kalshi left out

If approved, the immediate benefit of this contract would be operational. Traders seeking sustained oil exposure could hold one instrument across successive delivery months, with the contract managing each transition while the position stayed open.

It could appeal to a company seeking a persistent hedge around oil-sensitive revenue or costs. Producers, refiners, transporters, and fuel users already hedge through futures, options, and swaps, however. The CFTC has asked for evidence that a perpetual would meet an additional commercial need and whether its users would be hedgers or primarily speculators.

The best evidence for an oil perpetual comes from the feature left out of Kalshi's reported design. Dune's study of trading on the crypto venue Hyperliquid examined 30 weekend closures and found that its WTI perpetual explained about three-quarters of the move when conventional futures reopened. During the 20 weekends when oil moved by more than 1%, the perpetual called the direction correctly every time, and 18 of those periods recorded more than $100 million in volume.

The result depended heavily on participation. Slippage on orders above $100,000 during the closure rose from 0.23 basis points in April to 3.19 basis points in August as the order book thinned. The venue's Brent perpetual moved about three times as far as Brent futures over the same weekends, making it a poor guide to the reopen. Live price can process geopolitical or supply news while benchmark futures are closed, although 30 weekends on one venue leave its broader validity unproven.

Kalshi's reported 24/5 design gives up that weekend price-discovery function. Its most obvious audience is therefore traders seeking large oil positions with relatively little collateral and automatic management of the transitions between dated contracts. A different schedule or an unusual funding treatment around closures could broaden that use case, with the terms staying undisclosed until Kalshi files.

The regulatory path for this contract is very narrow. The CFTC approved Kalshi's Bitcoin perpetual on May 29, and its policy statement directs perpetuals tied to other asset classes into case-by-case review.

The agency's later energy inquiry maps the problems Kalshi will have to solve. Most come from the same structural mismatch: federal oil-market rules were built around delivery months, while a perpetual has no spot month or final convergence event. The reference price, position limits, margin, and liquidation rules all have to account for that difference.

A relatively small collateral requirement can turn a modest oil move into a rapid loss, while funding obligations accumulate for as long as a position stays open. The contract specifications will determine who can trade, how large a position can be relative to its collateral, which assets Kalshi will accept, and when positions will be liquidated. Reuters did not disclose those terms, and Kalshi had yet to file the contract when the report was published.

Approval would begin the market experiment

Approval would establish that Kalshi's design meets the legal and market-integrity threshold, but it's trading that will determine whether the contract is actually useful.

Liquidity and tracking would quickly become one of the biggest issues with crude oil perps. Perps need enough natural participation on both sides for their price and funding rate to carry information instead of reflecting a handful of concentrated positions.

The market would watch how closely it follows the chosen WTI reference during ordinary sessions and around inventory reports, geopolitical shocks, and market reopening. Wide spreads or persistent deviations would make the contract costly to use and leave funding payments doing too much of the work.

Any kind of stress the market feels would expose the rest. Margin calls and forced liquidations protect the clearinghouse, while automatic selling into a falling market can intensify the move. Oil's history of abrupt supply shocks and negative prices gives regulators real episodes against which to evaluate the system.

Kalshi is betting that one of the most interesting and unique products to come of the crypto market, exposure without expiry, can be adapted to physical oil while trading still pauses each week.

And while that compromise may help the contract through Washington, it removes the part of the crypto model that offers oil traders something beyond their existing market. If the product just moves roll management inside the contract while tracking nearly the same weekday market, it will become a simpler vehicle for speculation backed by relatively little capital and leave oil price discovery largely untouched. The filing will show whether Kalshi has found a broader purpose for it.

The post Kalshi’s new oil contract promises non-stop exposure, but a hidden flaw could expose traders to massive weekend shocks appeared first on CryptoSlate.

The three AI platforms restored service Thursday after users said the simultaneous disruptions brought their work to a halt.

Ethereum funds broke a 12-day winning run and XRP snapped an 11-session streak on Wednesday, while Bitcoin ETFs bounced back with $101.15 million in one day after their worst outflow since July.

The regulator argues that CME cannot challenge its approval of Kalshi’s Bitcoin perpetual contract without showing concrete financial harm.

Stocks and crypto rallied together after Governor Christopher Waller said he could back holding rates steady, with short sellers absorbing the brunt of the squeeze.

The company raised PlayStation prices for a second time in March, five weeks after the tariffs were struck down.

House Republicans’ decision to cut the September legislative session short could significantly delay the CLARITY Act.

XRP ETFs outpace the token by 100% amid an abnormal liquidity mismatch in U.S. order books during a $27.2 million  trading session.

U.S. Treasury Secretary Scott Bessent’s warning that the world is "awash in debt" has inadvertently made the case for Bitcoin.

Binance shares new safety measures on how users can protect their funds amid rising phishing attacks from scammers tricking victims.

Bitcoin and AI are the only assets needed for the next two decades: Pompliano $BTC.

TLDR

• MSTR jumps 14.62% as Strategy unveils seven-city AI forum with Google Cloud.
• Strategy and Google Cloud launch enterprise AI forums across seven U.S. cities.
• The October forum series targets enterprise data, governance, and AI at scale.
• Strategy brings Google Cloud into a seven-city U.S. enterprise AI forum series.
• MSTR rallies to $141.20 as Strategy expands enterprise AI outreach with Google.

Strategy Inc. (MSTR) stock surged 14.62% to $141.20 as the company announced a seven-city forum series with Google Cloud. MSTR climbed throughout the session and held near its intraday high, giving the announcement added market attention. The series will focus on enterprise data, governance, business context, and the operational demands of scaling artificial intelligence systems.

Strategy Inc, MSTR

Strategy and Google Cloud Launch Seven-City AI Forum

Strategy will hold the AI Transformation Forum across seven major United States business and technology centers during October 2026. The program will visit New York, Boston, Washington, Sunnyvale, Chicago, Dallas and Atlanta across four weeks. Google offices will host the New York, Boston, and Sunnyvale forums, while separate venues will handle the other sessions.

New York will open the series on October 1, followed by Boston on October 6 and Washington on October 8. Sunnyvale will host the next forum on October 14, before Chicago takes its turn on October 20. Dallas follows on October 22, while Atlanta will close the announced schedule on October 29.

The forums will target data chiefs, information officers, technology leaders, and executives managing enterprise analytics and transformation programs. Sessions will address trusted enterprise data, semantic layers, governance, compute efficiency, and methods for moving pilot programs into production. Strategy and Google Cloud will also bring enterprise specialists into discussions about practical deployment challenges and business requirements.

Enterprise Data and Governance Drive Forum Agenda

Companies increasingly need consistent business definitions and governed information as automated systems take on more operational tasks. Strategy says enterprises must control how systems access internal data and interpret business context before expanding deployments across departments. The forum agenda therefore connects data quality, governance, and operational consistency with broader enterprise technology decisions.

The program will also address rising token use and computing costs as organizations expand workloads beyond early experiments. Strategy plans to examine methods that reduce resource consumption while improving the economic return from larger enterprise deployments. That focus links infrastructure efficiency with the financial demands companies face when they scale data-heavy applications across operations.

An IDC survey cited by Strategy found 93% of respondents increased attention toward semantic layers due to enterprise AI priorities. Semantic layers help organizations apply shared definitions and business meaning across data used by different teams and applications. Strategy will use the forum series to position governed data and common business context as key parts of enterprise deployment.

The post Strategy Inc. (MSTR) Stock: Surges 14% as Google Cloud Seven-City AI Forum Launches appeared first on Blockonomi.

TLDR

• ORBS stock jumps 21% after Eightco expands its major share buyback program.
• Eightco reports about $380 million across crypto, cash and private tech stakes.
• Worldcoin remains a major treasury holding with nearly 302 million WLD tokens.
• Eightco holds 16,278 ETH alongside OpenAI and Beast Industries investments.
• Share repurchases and treasury exposure drive a sharp rally in Eightco stock.

Eightco Holdings (ORBS)  shares surged 21.18% to $1.0150 after the company released a fresh treasury and share buyback update. The stock extended its intraday rally toward the session high near $1.04, marking a sharp market response. The update showed $380 million in holdings and more than 25 million shares repurchased during the past month.

Eightco Holdings Inc., ORBS

ORBS Buyback Supports Strong Stock Rally

Eightco said it repurchased more than 25 million common shares during the past month. The purchases fall under its previously announced $125 million share repurchase program. The company presented the buyback alongside an updated breakdown of its treasury assets and strategic private investments.

As of September 2, Eightco reported total holdings of about $380 million across several asset categories. Cash and stablecoins accounted for about $122 million of that total. The portfolio also included digital assets and stakes in several private technology companies.

Eightco built its treasury around artificial intelligence, digital identity, and the creator economy. The company uses OpenAI, Worldcoin, and Beast Industries as its main exposures to those themes. Therefore, the latest update connected the share repurchases with the company’s broader treasury structure.

Worldcoin Position Represents Major Treasury Exposure

Eightco held 301,971,219 Worldcoin tokens as of September 2. The company valued the WLD position at $0.37 per token for its latest treasury calculation. That holding represented about 29% of Eightco’s reported treasury assets.

The company said its WLD position equals about 8.3% of circulating supply. Eightco described the stake as its largest publicly disclosed institutional Worldcoin position. The exposure links its treasury strategy with digital identity infrastructure and World network growth.

World expanded its identity technology through the open-source release of ProveKit on September 2. The toolkit supports zero-knowledge identity proofs and already powers privacy features within World ID. Eightco highlighted that development as relevant to its digital identity exposure and long-term treasury theme.

Ethereum Holdings Add Another Digital Asset Component

Eightco also reported holdings of 16,278 Ethereum tokens in its latest treasury update. The company did not assign a separate portfolio percentage to the ETH position. However, Ethereum remains one of the major digital assets inside its treasury mix.

Beyond crypto, Eightco reported a $90 million indirect investment in OpenAI through special purpose vehicles. It also listed an $18 million funded investment in Beast Industries. A separate $1 million position gave the company exposure to Mythical Games and the gaming sector.

OpenAI exposure represented about 24% of treasury assets, while Beast Industries represented about 5%. Meanwhile, the company maintains significant liquid reserves through its cash and stablecoin position. The combined portfolio gives ORBS exposure to private technology companies, digital assets, and liquid holdings.

The post Eightco Holdings (ORBS) Stock: Surges 21% After Major Buyback and Treasury Update appeared first on Blockonomi.

TLDR

• Zoox expands paid robotaxi rides to Las Vegas airport, boosting Amazon’s reach
• Amazon’s Zoox gains an airport edge as robotaxi competition grows in Vegas
• Zoox adds Harry Reid Airport rides as commercial robotaxi plans accelerate
• Amazon shares rise as Zoox expands robotaxi operations across Las Vegas
• Zoox faces rising competition as Tesla, Uber and Waymo enter Las Vegas

Amazon’s Zoox has expanded its paid robotaxi service to Harry Reid International Airport in Las Vegas. The move gives the company access to a major travel hub and expands its commercial reach across the city. Meanwhile, Amazon shares traded at $258.73, up 1.47%, while the stock approached the key $259 resistance level.

Amazon.com, Inc., AMZN

Zoox will offer rides to and from both airport terminals, including pickups near baggage claim. The service starts Thursday and adds an important destination to Zoox’s growing Las Vegas network. Consequently, the expansion strengthens the company’s position as autonomous transport gains wider traction across the city.

The airport service also gives Zoox a practical advantage against traditional ride-hailing services in Las Vegas. Uber and Lyft direct airport pickups to a nearby parking garage, requiring travelers to walk from baggage claim. However, Zoox can now collect riders directly near baggage claim at both busy airport terminals.

Zoox Accelerates Its Commercial Expansion

Zoox spent more than a decade developing autonomous driving technology and its purpose-built robotaxi. Unlike standard vehicles, its robotaxi does not include a steering wheel or traditional pedals. The company has provided rides in Las Vegas for about a year while preparing for commercial operations.

Federal regulators changed that position in August by granting Zoox a temporary exemption from safety standards. The exemption covers eight federal vehicle standards and remains valid for two years. Additionally, the approval allows Zoox to deploy as many as 2,500 vehicles under the exemption.

Zoox then began charging customers for rides on August 10 as commercial operations moved forward. The company also announced plans to test its vehicles in San Diego and Houston. Moreover, Zoox released a safety framework as it expanded its operations and prepared for wider deployment.

Las Vegas Draws More Robotaxi Competition

Las Vegas has become an important testing market for autonomous vehicle companies seeking commercial opportunities. Zoox now operates at the airport, but several rivals are preparing competing services across Clark County. Therefore, the company faces stronger competition as more operators receive regulatory approval.

Tesla, Uber and Waymo received permits from the Nevada Transportation Authority to run commercial robotaxi services. Uber plans to operate through partnerships involving Hyundai subsidiary Motional and Zoox. Together, the approved plans could support the deployment of up to 8,000 robotaxis across Clark County.

The growing competition could reshape ride-hailing across Las Vegas as companies expand their autonomous fleets. Zoox has gained an early airport position, while rivals continue building their local operations. Meanwhile, Amazon’s stock remains near $259 resistance, with $258 and $257 serving as key short-term support levels.

The post Amazon (AMZN) Stock:Zoox Launches Robotaxi Rides at Las Vegas Airport appeared first on Blockonomi.

TLDR:

• Ethereum saw accelerated August activity across Layer-2 upgrades, institutional adoption and ecosystem development.
• BlackRock expanded tokenization on Ethereum while Gnosis and Whitechain pursued Layer-2 transitions.
• Privacy tools and wallet infrastructure advanced through new applications, security features and post-quantum technology.
• DeFi growth continued as Aave, Morpho and Uniswap reached new deposit and trading milestones.

Ethereum development activity accelerated through August as builders across the ecosystem shipped new upgrades, launched fresh protocols, and expanded institutional integrations.

Layer-2 networks advanced their infrastructure, decentralized finance protocols recorded fresh deposit milestones, and privacy-focused applications gained new momentum.

The developments touched governance, tokenization, wallet security, and onchain gaming across the wider Ethereum landscape.

Institutional and Layer-2 Expansion Gain Momentum

Ethereum’s Layer-2 ecosystem saw structural changes this month. GnosisDAO approved a vote to move Gnosis Chain from an independent Layer-1 network to a ZK-proven Ethereum Layer-2 rollup.

The shift introduces synchronous composability, allowing applications on Gnosis and Ethereum to interact within a single transaction.

Institutional interest in Ethereum also expanded. BlackRock introduced its Select Treasury Based Liquidity Fund with a tokenized share class deployed on Ethereum mainnet.

The asset manager additionally began tokenizing share classes tied to its $311 billion European money market fund series on the network.

Arbitrum activated its ArbOS Elara upgrade, bringing more responsive transaction fees to Arbitrum One. The update also increased Stylus smart contract capacity fourfold and added new features for chains built on the Arbitrum stack.

Elsewhere, Whitechain, the network connected to the WhiteBit exchange ecosystem, announced plans to transition from an independent Layer-1 into an Ethereum Layer-2 built on the OP Stack.

Ethereum client teams also introduced the Platåberget testnet to prepare implementations ahead of the Glamsterdam network upgrade.

Privacy Tools and Wallet Infrastructure Advance

Privacy-focused development remained active across the Ethereum ecosystem in August. Aztec Network launched Alpha v5, a protocol upgrade that reduced private transaction proving times. The release also brought an initial group of privacy-preserving applications onto the network.

Privacy Boost introduced a new frontend application enabling users to send private transfers directly from connected wallets.

Separately, Privacy Pools launched onchain payroll support, letting employers issue recurring wage payments while keeping salary amounts and recipient addresses private.

Wallet security also advanced through new releases. MetaMask launched its Agent Wallet, an agentic tool built with spending limits, allowlists, and configurable risk profiles.

Freedom Factory opened presales for PQ1, an air-gapped hardware wallet that signs transactions using post-quantum cryptography through an Ethereum smart account.

Privacy-focused wallet Cloaked reported reaching $650,000 in deposits and $1 million in transaction volume during its first 90 days of operation.

Web3Privacy also released an updated Ethereum Privacy Ecosystem Mapping for 2026, documenting the network’s growing privacy tooling landscape.

DeFi Growth and Ecosystem Programs Continue

Decentralized finance activity on Ethereum showed continued expansion during the month. Aave v4 surpassed $525 million in deposits on Ethereum mainnet.

Morpho reported crossing $880 million in total deposits on Robinhood Chain within less than two months of going live, while also reaching $5.75 billion in deposits on Base.

Uniswap processed more than $1 billion in stock token volume on Robinhood Chain, contributing to over $20 billion in total volume since the platform’s July launch.

The exchange also launched v4 Permissioned Pools, a hook standard enabling allowlisted swaps for regulated assets while keeping the base protocol permissionless.

Coinbase launched tokenized stocks on Base for non-U.S. users, backed one-to-one by a regulated custodian and held in self-custody wallets.

Base separately opened applications for its Base Batches 004 accelerator program, supporting ten early-stage teams building on the network.

Ether.fi expanded its crypto neobank offering with tokenized stocks and portfolio-backed loans facilitated through Aave.

The Ethereum Foundation also launched an autoresearch challenge focused on post-quantum security, built alongside zkSecurity and EigenLabs, placing a machine-verified security problem on a public leaderboard for open contribution.

The post Ethereum Ecosystem Accelerates in August with Layer-2, DeFi and Privacy Growth appeared first on Blockonomi.

Quick Overview

• Nvidia completes acquisition of AI development platform Hugging Face in a $12.93 billion transaction
• Snowflake stock soars more than 20% following impressive quarterly results and upgraded guidance
• Broadcom forecasts AI chip revenue reaching $230 billion mark by 2028
• Hewlett Packard Enterprise upgrades revenue outlook after posting 33.7% growth in quarterly sales
• Crude oil climbs to six-week peaks amid heightened U.S.-Iran geopolitical tensions

Nvidia Completes $12.93 Billion Hugging Face Acquisition

Nvidia has finalized its purchase of Hugging Face, a leading open-source artificial intelligence model platform, in a transaction valued at approximately $12.93 billion.

This represents one of Nvidia’s most significant corporate acquisitions to date, signaling the chipmaker’s strategic expansion beyond hardware into AI software infrastructure and development tools.

Hugging Face has established itself as a cornerstone resource for developers globally, providing access to machine learning models, comprehensive datasets, and development frameworks. Company leadership has confirmed the platform will maintain its open-access philosophy following transaction completion.

This strategic move arrives at a critical juncture as several of Nvidia’s major clients pursue proprietary chip development initiatives. The Hugging Face acquisition positions Nvidia as an essential partner in AI development workflows, independent of underlying hardware architectures.

Snowflake Stock Rallies Over 20% on Strong AI-Driven Growth

Snowflake shares experienced a dramatic surge exceeding 20% following the data cloud provider’s announcement of better-than-anticipated quarterly performance and an upward revision to revenue projections.

The company posted second-quarter product revenue of $1.49 billion, representing 37% year-over-year expansion. Overall quarterly revenue reached $1.55 billion.

Management has increased its fiscal 2027 product revenue guidance to approximately $6.07 billion, a substantial upgrade from the previous projection of $5.84 billion.

Chief Executive Officer Sridhar Ramaswamy attributed approximately 50% of the company’s recent growth momentum to artificial intelligence-related products. This positions Snowflake advantageously compared to competitors viewing AI as disruptive to their business models.

Broadcom Projects AI Chip Revenue Could Reach $230 Billion by 2028

Broadcom has unveiled ambitious projections for its artificial intelligence semiconductor division, anticipating AI chip revenue will approach $115 billion during fiscal 2027 before potentially escalating to $230 billion in 2028.

Third-quarter AI semiconductor sales already totaled $16.7 billion. The company reported comprehensive quarterly revenue of $29.59 billion.

Broadcom has emerged as a critical supplier of customized AI processors for major technology corporations, offering these companies strategic alternatives to exclusive dependence on Nvidia’s hardware ecosystem.

Notwithstanding these robust figures, Broadcom’s stock declined following the release of near-term guidance that marginally underperformed analyst consensus estimates.

HPE Posts 33.7% Revenue Increase on Surging AI Infrastructure Demand

Hewlett Packard Enterprise delivered quarterly revenue totaling $12.21 billion, marking a 33.7% year-over-year expansion that exceeded Wall Street projections. The company posted adjusted earnings of $1.11 per share, surpassing analyst expectations.

HPE has elevated its fiscal 2026 revenue growth projection to a range between 34% and 37%, with additional expansion of 13% to 17% anticipated for fiscal 2027.

The company’s Chief Financial Officer indicated that current market demand for AI-optimized servers and networking infrastructure significantly exceeds available supply. Memory constraints and component shortages are creating fulfillment challenges for pending orders.

HPE has also broadened its strategic collaboration with Oracle, agreeing to provide networking equipment supporting Oracle’s artificial intelligence data center expansion initiatives.

Crude Oil Reaches Six-Week Peak Amid Escalating Iran Tensions

Brent crude advanced approximately 1.7% to reach $97.29 per barrel. West Texas Intermediate increased roughly 2.2% to $93.04, propelling oil prices to their highest levels in six weeks.

The price acceleration followed renewed U.S. military operations targeting Iranian interests and mounting concerns regarding potential disruptions through the Strait of Hormuz, a critical conduit for international petroleum shipments.

Elevated oil prices may amplify fuel and logistics expenses across the economy. This development could contribute to inflationary pressures and influence Federal Reserve deliberations on monetary policy adjustments.

The post Nvidia (NVDA) Acquires Hugging Face for $13B While Broadcom Projects $230B AI Chip Revenue appeared first on Blockonomi.

ZEC and XMR are among the market’s top performers over the past 30 days, both experiencing double-digit price increases.

The former remains the largest in the privacy coin sector, so we wanted to check whether it will keep its throne by the end of 2026 or be replaced by some of its competitors. Here’s what three widely used AI-powered chatbots said on the matter.

ZEC Has a Solid Chance

As of this writing, Zcash has a market capitalization of more than $14 billion, making it the 10th-biggest cryptocurrency, and ChatGPT expects the token to finish the year as number one in its niche for various reasons.

First, it noted that ZEC has better exchange accessibility, stating that it is available on major platforms like Binance and Coinbase. In contrast, its biggest competitor, XMR, was removed from the biggest crypto exchange in 2024 and has never been listed on Coinbase.

“This gives ZEC deeper liquidity and easier access for speculative and institutional capital,” the chatbot said.

Another positive development is the recent launch of the first Zcash ETF. The product is issued by Grayscale and represents a conversion from the existing Trust to an exchange-traded fund.

The financial product saw the light of day on August 25, and the social buzz prior to the launch drove a rally to a historic peak above $870. In the following days, ZEC experienced heightened volatility, briefly surpassing that record after reaching nearly $890 before retracing to the current $847 (per CoinGecko).

It is important to note that ChatGPT also praised XMR as a “strong privacy product,” but gave it a 33% chance of topping the ranking by the end of 2026. ZEC, in turn, has a 65% likelihood of keeping its first spot.

Perplexity also ranked Zcash’s token as the leading candidate on this front, giving particular attention to XMR:

“Monero will almost certainly remain the go-to for maximal privacy, but it’s unlikely to outperform ZEC on price and access by year-end under the current regulatory regime.”

More in Favor

Google’s Gemini agreed with the theories presented by the aforementioned chatbots. It claimed that the existence of a ZEC ETF could capture Wall Street liquidity, making it really difficult for XMR to keep pace. Additionally, it noted that the current market cap gap between the two coins is nearly $5 billion.

“For Monero to overtake Zcash by the end of 2026, it would need a massive surge to overcome major hurdles like centralized exchange delistings, slower P2P liquidity, and ZEC’s strong lead from institutional ETF capital. With only a few months remaining, XMR would have to drastically outpace ZEC’s growth – an unlikely scenario barring an unexpected regulatory shift,” Gemini concluded.

The post Who Will Win the Privacy Coin Battle in 2026: ZEC, XMR, or Another Competitor? (3 AIs Weigh In) appeared first on CryptoPotato.

Bitcoin has gained almost 23% over the past month, but a few choppy sessions briefly dragged the asset below $76,500. BTC has since stabilized above $77,700 following a minor 1.4% surge on Thursday.

The latest uptick came mainly from short covering rather than a fresh increase in leverage, according to QCP Capital, as markets continued to face a firm Federal Reserve stance.

Fragile Positioning?

Kevin Warsh reinforced the Fed’s focus on maintaining a 2% PCE inflation target, while headline PCE remains at 3.7%. This leaves little visible support for near-term rate cuts. Treasury long-end buybacks were doubled to $4 billion quarterly, but QCP said the amount represents only 0.013% of the $31.5 trillion Treasury market, which points to liquidity support rather than a policy pivot.

Heavy long-dated investment-grade issuance is also adding pressure, as technology companies account for 38% of 10-year-plus supply. Additionally, ETF inflows near the 95th percentile indicate genuine spot demand, although MSTR’s Bitcoin accumulation was funded through equity issuance.

“With policy guidance scarce and liquidity narrow, is this conviction or fragile positioning?”

Meanwhile, analyst NoName said that Bitcoin’s next major move could depend on whether it can close above $83,000. The analyst is also watching a CME futures gap above the current price and sees it as an important level separating a genuine reversal from another relief rally. A daily close above the level, supported by strong spot volume, would be needed to confirm a new uptrend.

Without that confirmation, NoName said that the recent bounce was a retest of previous supply. They warned that a rejection at $83,000 followed by a break below $74,000 could send the crypto asset toward $50,000-$55,000.

CryptoPatel also flagged the exact level and said that Bitcoin could face further losses if it fails to reclaim it with a higher-timeframe candle close. In that scenario, the analyst expects potential declines toward $70,000, $65,000, and $60,000. If the bearish market structure remains intact, the crypto asset could eventually fall toward the $50,000-$40,000 range. However, a higher-timeframe close above the $83,000 level would invalidate the bearish setup.

Another market watcher, Rain, noted that Bitcoin is starting to lose the demand support that helped the August rally.

The Case for Further Upside

Not everyone sees further downside ahead. Doctor Profit, for one, reiterated his stance that the bear market is over. He had previously stated that BTC broke out above key resistances and entered the Soft Bull Market, which he expects to turn into a full bull market escalation.

“Many desperate investors that wish for a lower Bitcoin price, some even call for a new low, and others say the bear market isn’t over. In fact, and I say it with my full conviction, I consider the bear market as over!”

More on the current market state can be found in our latest video below.

The post Bitcoin (BTC) Rally Driven by Short Covering, Not Fresh Leverage: QCP appeared first on CryptoPotato.

The cryptocurrency market has posted a slight resurgence over the past 24 hours, with ADA and SUI among the best performers.

Certain factors suggest that the uptrend may be just starting, while numerous analysts have been making bullish bets lately.

ADA’s Potential

Cardano’s native token has jumped by 6% on a daily scale, reclaiming the $0.20 psychological level. What’s more, the popular analyst Ali Martinez revealed that the asset’s Tom DeMark Sequential indicator has flashed a buy signal.

He noted that on previous occasions, such a development has identified price bottoms and has been followed by double-digit increases. “Now the indicator is signaling another rebound for ADA could be underway,” Martinez concluded.

Another positive sign is the recent exchange net flow. Data show that over the past several days, outflows have exceeded inflows, suggesting that investors have shifted from centralized platforms to self-custody, thereby reducing immediate selling pressure.

X user Sjuul | AltCryptoGems said ADA has truly surprised him this cycle after printing “very strong higher highs, one after the other in a perfectly bullish fashion.”

“Probably not a coin I would fade in the coming months,” he added.

The Moon Show also chipped in, arguing that ADA “survived the deep retrace.” The X user believes that a firm move above the $0.205 level would mean that recovery “starts looking a lot more serious.”

SUI’s Case

As of press time, SUI trades at approximately $0.76, translating into a 7% increase for the day. Similar to ADA, the token might be gearing up for a further uptick, at least given another insight from Martinez.

He claimed that SUI’s TD Sequential has flashed a buy signal on the asset’s daily chart, hinting that the recent correction could be nearing its end.

“This indicator points to a potential 1–4 daily candlestick rebound or the beginning of a new bullish countdown. I’m watching for the rally to begin,” Martinez said.

Other popular analysts who have given their two cents on the cryptocurrency lately include Michael van de Poppe and Celal Kucuker. The former noted that SUI has outperformed Bitcoin, opining that “the uptrend has started.”

For their part, Celal Kucuker claimed the asset “is making a move,” envisioning a price explosion to as high as $10 in a bull market. The X user also suggested that September could be a good month for SUI in case “OTC flows are any indication.”

The post Cardano (ADA) and Sui (SUI) Flash Buy Signals: What Are Their Next Targets? appeared first on CryptoPotato.

After a few days of suppressed price action, the crypto market is on the move again, with bitcoin leading the pack with a surge past $80,000 for the first time in a week.

Most altcoins followed the sharp uptick, leading to more than $140 million in shorts getting wrecked in the past hours alone.

It was just 24 hours ago that the primary cryptocurrency struggled to hold the $77,000 support and dipped to a 10-day low of $76,200 amid the escalating tension in the Middle East.

However, the asset rebounded successfully in the following hours, as reported earlier today, and quickly reclaimed the $77,000 and $78,000 levels. The past hours or so have been even more impressive, as bitcoin just soared past $80,000 for the first time since last Friday, when it was rejected and driven south to $77,000 after Kevin Warsh’s hawkish speech at Jackson Hole.

Many altcoins have joined the ride, posting notable 1-hour and 24-hour gains. ETH is up to almost $2,500 as of now after a 2.6% surge in the past 60 minutes and a 4.4% pump since this time yesterday. BNB has rocketed past $720, while XRP has gained 9% on a daily scale (and 4.3% in the past hour alone).

This price volatility has harmed overleveraged traders. Data from CoinGlass shows that the hourly wrecked positions have risen to $157 million, with more than $142 million coming from shorts. On a daily scale, the total liquidations are over $400 million, and shorts are responsible for $315 million.

Nearly 110,000 traders have been wiped out in the past day, with the single-largest liquidation occurring on Binance, totaling more than $5.2 million.

The post Over $140M in Shorts Wrecked in an Hour as BTC, ETH, XRP Suddenly Explode appeared first on CryptoPotato.

Bitcoin is holding above $78K after a sharp recovery from the $60K area, but the latest price action suggests that buyers have yet to secure a decisive breakout above the upper resistance levels. At the same time, the exchange whale ratio has risen significantly, adding a potentially bearish supply-side signal to the otherwise constructive technical structure.

Bitcoin Price Analysis: The Daily Chart

The daily chart shows a significant structural improvement following the recovery from the $60K support zone. BTC broke above the $67K area and subsequently reclaimed the $72K zone, which had previously acted as resistance. The price is now trading around $78.5K, comfortably above both major moving averages shown on the chart.

The short-term challenge is the $82K resistance zone. This area coincides with the recent swing highs, making it an important barrier for the buyers. A daily close above this level would strengthen the recovery structure, as it would create a higher high after months of downtrend. Therefore, this potential breakout could open the way toward the $95.6K resistance region.

Momentum has also improved considerably. The daily RSI climbed from oversold territory during the June bottom and is now just below the overbought territory. However, it has started to turn lower after reaching elevated levels, suggesting that momentum is cooling rather than accelerating.

On the downside, the $72K zone is the first major support to monitor. Holding above it would keep the broader recovery intact, while a deeper correction could bring the $67K region back into focus.

Therefore, the daily structure remains cautiously constructive, but BTC needs to clear $82K to confirm that the recent recovery is evolving into a stronger bullish continuation rather than another rejection from resistance.

BTC/USDT 4-Hour Chart

The 4-hour chart provides a more cautious picture. BTC has been moving inside a falling wedge-like structure since reaching the $82K area in late August. The upper trendline has repeatedly capped advances, while the lower boundary currently sits around $76K.

BTC is now testing the upper boundary of this structure once again. A successful breakout above this resistance line, which is currently near the $78K mark and declining, would be the first indication that buyers are attempting to regain short-term control.

A potential breakout would lead to another push toward the $82K area, which, as mentioned, is currently the most important resistance level on the daily timeframe.

Conversely, failure to break the wedge and a move below $76K could trigger a deeper correction toward the $72K-$74K area, which has turned into support after getting broken to the upside earlier. Holding this zone would be critical for keeping the recovery alive, as a breakdown could undo all the positive price action BTC has shown over the past couple of weeks.

On-Chain Analysis

The exchange whale ratio measures the proportion of exchange inflows associated with the largest transactions, making it useful for assessing whether large holders are becoming more active in sending BTC to exchanges. A rising reading can indicate increased potential selling pressure, although it does not necessarily mean that whales are immediately selling.

The chart shows the 30-day moving average of Bitcoin’s exchange whale ratio rising sharply during the latest price recovery. It has moved back toward the 0.32 area, which is nearly the highest level visible on the chart, while BTC is trading around $78.5K.

This development is worth monitoring. Bitcoin has recovered substantially from its June lows, but the increasing whale ratio suggests that large transactions toward exchanges have also become more prominent, which could unbalance the supply and demand equation in favor of the sellers. If this elevated reading persists while BTC struggles to break above the $80K-$82K area, it could reinforce the case for a rejection or consolidation.

On the other hand, a decisive breakout above $82K accompanied by a subsequent decline in the whale ratio would provide a more constructive confirmation that the increased whale activity is not translating into significant distribution and that there is enough fresh demand to absorb whales’ distribution.

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