El Salvador's IMF agreement may boost investor confidence and catalyze further multilateral support, impacting its economic stability.

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Mendy's exclusion highlights the strategic squad management challenges clubs face when balancing player recovery timelines with competition demands.

The post Real Madrid excludes Ferland Mendy from UEFA Champions League squad appeared first on Crypto Briefing.

The incident risks escalating US-Iran tensions, potentially complicating diplomatic efforts and impacting regional stability and global oil markets.

The post US investigates missile strike on Iran wedding that killed at least four, says JD Vance appeared first on Crypto Briefing.

The surge in crypto market cap may boost investor confidence, potentially driving further asset appreciation and influencing future market dynamics.

The post Crypto market cap surges $135B in 24 hours, Bitcoin nears $81K appeared first on Crypto Briefing.

The rapid liquidation of crypto shorts highlights the risks of high leverage, potentially leading to increased market volatility and cascading losses.

The post $58M in crypto shorts liquidated in one hour as Bitcoin squeezes bears appeared first on Crypto Briefing.

Bitcoin Magazine

Bitcoin Bear Market May Not Yet Be Over, Says Fidelity 

Bitcoin may be rallying but that doesn’t mean the bear market is over. Not yet, anyway. 

A new report from asset manager Fidelity said that while bitcoin was behaving like it did in previous cycles, it could still hit a bottom in November. 

Bitcoin started rallying in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The asset’s price recently stood at close to $81,639, up nearly 30% over a 30-day period. 

Some have since argued that bitcoin is out of its bear market. The coin touched a record high in October last year, hitting $126,080. 

“Given bitcoin’s recent performance, the bottom could already have occurred in July,” Chris Kuiper, Vice President of Research at Fidelity Digital Assets, wrote. 

“It could also drop again to make another new low in November or later,” he continued, adding that bitcoin cycles have historically not been precisely four years long, so they “aren’t reliable for timing the market.” 

Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000. 

But that all changed in August after the Treasury Department’s announcement, which has since brought the so-called debasement trade back in the picture again. 

To get an idea of where bitcoin moves next, Kuiper argued that investors should pay attention to what happens with the crypto Clarity Act. Proponents argue it could provide “greater regulatory certainty and support continued innovation in the U.S. digital asset ecosystem,” he wrote. 

President Donald Trump in August urged lawmakers to get the long-awaited crypto market structure bill over the line, helping spur bitcoin’s run. The president called the draft “very, very powerful” after meeting with crypto industry bigwigs at the White House. 

The digital asset industry has long called for clear rules on how regulators should treat bitcoin, stablecoins and other cryptocurrencies. 

Lawmakers will vote on the bill this month. 

This post Bitcoin Bear Market May Not Yet Be Over, Says Fidelity  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount

Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement. 

That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the macro picture.” 

Bitcoin started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The coin had its best run in three years and third best August ever. 

“The last time the bitcoin-gold correlation was that high was in 2020, following the rounds of fiscal and monetary stimulus during the Covid crisis,” Bitwise’s European Head of Research, André Dragosch, wrote. 

He added that bitcoin’s correlation with the stock market dropped to a one-year low, “implying some kind of decoupling between hard assets and the stock market.”

Bitcoin has been pushed as “digital gold” for years but has sometimes traded with tech stocks as a “risk-on” asset. 

But the so-called debasement trade — when investors buy an asset as a way to hedge against a currency losing value — was a much-talked about investment strategy last year and appears to be back. 

The reason is down to the government intervening in markets, Dragosch argued. When the Treasury said it would try to rein in long-term borrowing costs, the dollar’s value slid and sent investors flooding back to gold — and bitcoin. 

The Treasury the same week also said the U.S. public debt exceeded $40 trillion for the first time. Excessive debt also undermines confidence in the dollar. 

“Investors are no longer asking whether to hedge currency debasement with gold or bitcoin. They’re simply hedging with both,” the report added. 

“Bitcoin spent its first fifteen years being priced as a risk asset. If this correlation trend with gold holds, the next fifteen may look very different.”

The leading cryptocurrency again rallied this week, and was recently trading for close to $81,438 after jumping nearly 6% over a 24-hour period. 

This post Bitcoin-Gold Correlation Hits Six-Year High as Debasement Fears Mount first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote

U.S. congressman French Hill expressed the importance of bipartisan support to get the long-awaited crypto market structure bill, the Clarity Act, over the line before the midterms. 

The lawmaker told Fox Business Thursday that Democrats and Republicans have come to “narrow their differences in getting the bill drafted. 

Pro-crypto lawmakers were hoping the Clarity Act passed before Congress departed for August recess. After a delay, a vote will now go ahead on September 15. 

“Can Democrats work with Republicans and make sure America leads the world in distributed ledger technology and financial services?” Hill said. 

“This one remaining significant issue is the ethics provision, and that is best solved by passing the legislation because everybody — no matter what family they belong to, the Trumps or not — would then be under a regulatory framework fully scrutinized by the United States government in commodity and securities and banking regulators,” he added. 

The Clarity Act was first introduced by Hill, the House Financial Services Chairman, last year. 

Crypto companies have long called for clear regulations for the industry. The Clarity Act drafts a framework to formally divide oversight between regulators, distinguishing which digital assets are securities, commodities or stablecoins. 

The House of Representatives passed the bill last July but it has been stalled this year, mostly because the banking lobby clashed with crypto companies over paying customers stablecoin yield. 

A new draft tackling the issue of ethics started circulating in July. It bans government officials from promoting or making money from crypto — something Democrats have criticized the Trump family for doing. 

A group of Democrats said the bill fell short and wanted amendments. Some were accused of deliberately holding it back by Republicans like Cynthia Lummis. 

Some have praised the bipartisan work that has already gone into the bill, namely Coinbase, America’s biggest crypto exchange. The company’s Chief Policy Officer, Faryar Shirzad, said in July that while some Democratic lawmakers were holding back the long-awaited legislation, younger Democrats wanted to pass it. 

President Donald Trump in August said that in order for the U.S. to remain the “undisputed leader in Bitcoin and crypto,” lawmakers had to pass the “very, very powerful legislation.” 

This post French Hill Eyes Bipartisan Path for Clarity Act Ahead of September Vote first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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.

Privacy advocates say the law raises First Amendment questions the courts have yet to address.

The projected revenue requires two contract extensions, while an option for more computing capacity could bring the total above $3 billion.

PONS, the token behind Robinhood Chain's biggest meme coin factory, flipped CASHCAT to become the chain's largest cryptocurrency by market cap—and its chart looks like a hockey stick.

The forthcoming bill would pause advanced AI development, create a federal regulator, and threaten violators with up to 20 years in prison.

The model can independently discover and exploit unknown security flaws across hardened systems, triggering a staged rollout and White House review before public access.

Bitcoin has decisively reclaimed its closely watched 50-week moving average.

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.

TLDR:

• Securitize and Dubai’s VARA signed an MoU to advance regulated tokenization market efforts.
• The partnership will give licensed market participants access to Securitize’s global expertise.
• Collaboration will focus on ecosystem growth, talent attraction, and financial market education.
• Executives said regulatory clarity will shape where tokenized capital markets will take root.

Securitize has signed a Memorandum of Understanding with Dubai’s Virtual Assets Regulatory Authority to advance regulated tokenization across the emirate.

The agreement, announced on September 3, 2026, aims to strengthen digital asset infrastructure and support Dubai’s ambition to lead global tokenized financial markets.

Under the MoU, both parties will share expertise, encourage institutional participation, and promote research and talent development within Dubai’s regulatory framework. The partnership signals growing regulatory engagement with tokenization worldwide.

Securitize and VARA Outline Collaboration Framework

The MoU sets up a structure for ongoing cooperation between Securitize and VARA. Both organizations plan to work together on knowledge sharing and ecosystem development within Dubai’s virtual asset sector.

Licensed market participants operating under VARA’s oversight will gain access to Securitize’s global tokenization experience.

Securitize confirmed the announcement through a post on its official X account. The company described the agreement as a step toward advancing tokenization and digital asset infrastructure throughout Dubai. It also noted the deal supports Dubai’s goal of becoming a leading jurisdiction for regulated tokenized markets.

A follow-up post outlined additional areas of focus under the partnership. These include exploring tokenization initiatives, supporting talent attraction, and encouraging market education across Dubai’s ecosystem. Data-driven research and the development of new tokenized financial products were also listed as shared priorities.

According to the companies, projects may be initiated or facilitated directly by VARA. The collaboration is designed to operate within Dubai’s existing regulatory framework rather than outside it. This structure is intended to maintain market integrity while allowing innovation to continue.

Executives Comment on Dubai’s Regulatory Vision

Carlos Domingo, Co-Founder and CEO of Securitize, addressed the partnership in a public statement. He said Dubai “has established itself as one of the world’s most forward-looking jurisdictions” for digital asset innovation.

Domingo added that collaboration between regulators and industry is becoming increasingly important as tokenization advances.

Domingo also spoke about Securitize’s role in the broader shift toward onchain capital markets. He said the company is “proud to support VARA’s vision” of a trusted, well-regulated digital asset ecosystem. His comments tied the partnership directly to Securitize’s ongoing institutional tokenization efforts.

Matthew White, CEO of VARA, also commented on the agreement’s purpose. He said Dubai’s ambition is that financial markets be shaped “not only by new technologies” but by supportive regulatory frameworks. White noted this approach gives institutions confidence to adopt emerging digital asset tools.

White further described the Securitize partnership as reinforcing Dubai’s broader market position. He said the collaboration supports development of regulated tokenized markets within the emirate. White framed the agreement as strengthening Dubai’s standing as a global capital markets center.

The post Securitize Signs MoU with Dubai’s VARA to Advance Regulated Tokenization appeared first on Blockonomi.

TLDR:

• Coinbase filed SEC notices this week covering its derivatives exchange and brokerage business.
• The notice registrations create a regulatory pathway involving both the SEC and CFTC together.
• Coinbase already offers single-stock perpetuals abroad on stocks like Apple, Tesla, and Nvidia.
• Trading dates, leverage limits, and supported stocks for the U.S. remain undisclosed for now.

Coinbase is moving to bring single-stock perpetuals to the United States, filing SEC notice registrations this week. The filings cover its derivatives exchange and its brokerage unit.

The move marks an early step toward offering leveraged exposure to individual stocks. Traders would gain that exposure without owning the underlying shares.

Coinbase said it intends to work closely with the SEC and the CFTC. The goal is to bring more financial products onshore.

Coinbase Files Notice Registrations With The SEC

Coinbase Derivatives filed Form 1-N with the SEC to cover its exchange operations. Coinbase Financial Markets separately filed Form BD-N for its brokerage business.

Together, the two filings create a regulatory pathway involving both the SEC and CFTC. The company describes this coordination as an important step for competitiveness in digital asset markets.

In a public statement, Coinbase said it is working to bring single-stock perpetuals to the U.S. The company said it filed SEC-notice registrations this week for its derivatives exchange and broker.

It added that it will be “collaborating closely with the SEC and CFTC” to bring more major financial products onshore.

Faryar Shirzad, Coinbase’s chief policy officer, called the filing the first step toward offering equity perpetuals domestically. He said single-stock perpetuals have already shown strong demand in international markets.

Shirzad added that Coinbase is “excited at the prospect of a regulated pathway for U.S. investors.” He said the next milestone involves product approval from the CFTC.

The filings establish a framework but do not guarantee an immediate product launch. Coinbase has not released trading start dates or contract specifications.

Leverage limits and the list of supported stocks also remain undisclosed at this stage. Traders and market watchers will likely wait for further guidance before the product becomes available.

International Perpetuals Offer Early Clues

Coinbase already offers single-stock perpetuals to eligible customers outside the United States. Its current lineup includes shares of Apple, Microsoft, Alphabet, and Amazon. Nvidia, Meta, and Tesla are also part of the existing international offering.

These overseas contracts allow continuous trading without a fixed expiration date. They use funding mechanisms common to perpetual futures products in crypto markets. Traders gain price exposure to the underlying stock rather than shareholder rights such as voting or dividends.

The structure mirrors how crypto perpetual swaps already operate on many exchanges. Applying that model to individual equities could appeal to traders seeking leveraged stock exposure. Regulatory approval in the U.S. would extend this format beyond digital assets alone.

Coinbase framed the coordination between the SEC and CFTC as necessary for the U.S. to remain competitive. The company said investors already want access to these products.

Whether approval arrives quickly may depend on how regulators respond to the joint filings. For now, U.S. traders will continue to watch the process unfold.

The post Coinbase Files SEC Notices to Launch Single-Stock Perpetuals in the U.S appeared first on Blockonomi.

TLDR:

• Bitcoin-gold correlation hits its highest level since 2020, per Bitwise Asset Management data. 
• Bitcoin surged 22.4% weekly after Treasury Secretary Bessent’s bond market intervention in August. 
• Bitcoin’s correlation with the Nasdaq-100 dropped to a one-year low, weakening its risk-asset label. 
• Gold’s $30 trillion market could reprice bitcoin if the correlation trend with debasement hedging holds. 

Bitcoin’s correlation with gold just hit a six-year high, according to new research from Bitwise Asset Management. The 90-day rolling correlation between the two assets has climbed to its strongest level since 2020, when pandemic-era stimulus reshaped global markets.

Bitwise says the shift signals a change in how investors view bitcoin, moving it closer to gold’s traditional role as a store of value during periods of macro stress.

Bitcoin’s Correlation With Gold Reaches Six-Year Peak

Bitwise tracked the relationship using Bloomberg data spanning from April 2015 through August 2026. The current reading matches levels last seen during the Covid-19 stimulus era. That earlier period also involved heavy government intervention in financial markets.

August marked a turning point for this correlation. U.S. Treasury Secretary Scott Bessent stepped into the bond market after yields on 10- and 30-year Treasuries climbed. The move stirred concerns about financial repression and yield curve control.

Bitcoin posted its largest weekly gain since March 2024 following the intervention, rising 22.4%. Gold gained roughly 5% over the same period while equities fell. Bitwise says both assets moved together in a way that stood out statistically.

What’s Driving the Bitcoin-Gold Relationship

Bitwise’s official account shared the findings, noting that when macro conditions dominate headlines, investors tend to stop choosing between gold and bitcoin. Instead, many allocators are buying both assets at once.

The firm’s Europe research director, André Dragosch, authored the analysis. He pointed to bitcoin’s declining correlation with the Nasdaq-100, which has dropped to a one-year low. That trend weakens the argument that bitcoin simply tracks tech stock sentiment.

Bitcoin also remains negatively correlated with the U.S. Dollar Index. Bitwise explains that dollar weakness tends to align with bitcoin strength, a pattern gold has exhibited for decades during currency pressure.

Why the Six-Year High Matters for Investors

Bitwise cautions that bitcoin and gold remain different assets despite the recent convergence. Gold has served as a store of value for thousands of years, while bitcoin was created less than two decades ago.

Still, the firm argues that rising correlation during stressful macro periods carries weight. Gold’s market is valued near $30 trillion, built by central banks and institutional allocators over generations.

If bitcoin continues moving toward this category, Bitwise suggests it could eventually be priced against a much larger capital base. That would mark a shift from its historical pricing as a venture-style risk asset toward something closer to a macro hedge.

The post Bitcoin’s Correlation with Gold Hits Six-Year High Amid Macro Uncertainty appeared first on Blockonomi.

TLDR

• Hyperscale Data reports about $110 million in stockholders’ equity for June.
• Total assets reached about $360 million at the end of the June reporting quarter.
• Net book value stands near $0.95 per share based on the June 30 share count data.
• Gross asset value reaches about $3.10 per share before liabilities are deducted.
• GPUS falls 3.68% to $0.1911 as the company releases its balance sheet update.

Hyperscale Data (GPUS) shares reported about $110 million in stockholders’ equity for the quarter ended June 30, 2026. The company also reported $360 million in total assets and about 116 million shares outstanding. Meanwhile, GPUS fell 3.68% to $0.1911 after dropping below $0.20 during the session.

Hyperscale Data, Inc., GPUS

Hyperscale Data Reports $110 Million in Stockholders’ Equity

Hyperscale Data said common stockholders held about $110 million in net stockholders’ equity at quarter end. The company reached that figure after accounting for the carrying value of its preferred stock. It used reported balance sheet figures from its Form 10-Q for the calculation.

The company had 116,290,473 shares outstanding on a post-split basis as of June 30. Hyperscale Data divided its net common equity by that share count to calculate book value. The calculation produced a net book value of approximately $0.95 for each common share.

The reported book value provides an accounting measure of common shareholder equity at the end of the quarter. However, the figure does not represent liquidation proceeds or an estimate of future market performance. Instead, it reflects the company’s recorded financial position on the reporting date.

Gross Assets Reach $360 Million at Quarter End

Hyperscale Data also reported total assets of $360.038 million for the June quarter. Those assets supported a gross asset value calculation of about $3.10 for each common share. The company used the same June 30 share count when calculating that measure.

Gross asset value differs from net book value because the measure does not subtract company liabilities. Therefore, it represents the company’s reported asset base rather than residual equity available to common stockholders. Hyperscale Data presented both measures to provide broader balance sheet context.

The calculation also shows the difference between total assets and equity attributable to common shareholders. Liabilities and other balance sheet obligations account for much of that difference. As a result, the two per-share measures serve separate accounting purposes.

Hyperscale Data Maintains Data Center and Strategic Asset Focus

Hyperscale Data operates as an artificial intelligence data center company with a business strategy anchored by Bitcoin. The company also holds operating businesses and strategic investments across data center infrastructure and other industries. Its latest update focused on the accounting value attached to those assets and businesses.

Management presented the figures to provide shareholders with additional context about the company’s reported financial position. The update focused on stockholders’ equity, total assets, outstanding shares, and related per-share calculations. It did not provide a new earnings forecast or financial guidance.

The reported figures reflect Hyperscale Data’s financial position as of June 30, 2026. Future filings could change these measures as assets, liabilities, equity, or outstanding shares change. The latest disclosure therefore provides a quarter-end balance sheet snapshot rather than a forward-looking valuation.

The post Hyperscale Data, Inc. (GPUS) Stock: Company Reveals $110 Million in Stockholders’ Equity appeared first on Blockonomi.

TLDR

• Roblox stock gains 1.58% as creator earnings top $1.5 billion during 2025.
• U.S. Roblox creators generated a $752 million GDP impact during 2025 alone.
• Creator earnings jumped from $923 million in 2024 to above $1.5 billion in 2025.
• Roblox says studied markets supported nearly 12,000 full-time job equivalents.
• Jumpstart and Incubator programs aim to expand Roblox’s developer pipeline.

Roblox Corporation gained 1.58% to $41.86 as new creator economy data highlighted stronger platform earnings and wider economic reach. The stock recovered from midday weakness after briefly moving above $43 earlier in the session. Roblox said creator earnings exceeded $1.5 billion in 2025, sharply above the prior year’s total.

Roblox Corporation, RBLX

Roblox Creator Earnings Top $1.5 Billion

Roblox reported that creators earned more than $1.5 billion during 2025 across its global platform. That figure surpassed the $923 million paid to creators during 2024. The increase showed stronger monetization across games, virtual items, and other creator-led experiences.

Roblox also said its studied markets supported nearly 12,000 full-time job equivalents worldwide. The company included the United States, Australia, Mexico, the European Union, and MENA in its reports. Together, the findings showed a broader economic role for the platform beyond gaming activity.

The reports also showed that many creators operate independently instead of through large studios. In the United States, 83% of surveyed creators worked as individual creators. That structure gives smaller developers access to platform tools, distribution, and direct earning opportunities.

U.S. Creator Economy Adds $752 Million to GDP

Roblox’s U.S. creator economy generated an estimated $752 million in GDP impact during 2025. The figure represented a 69% increase from 2024, according to analysis from Nordicity. That growth strengthened Roblox’s position as a digital platform with measurable economic activity.

Creator payments also reached regions outside major technology centers across the United States. About 66% of U.S. creator earnings went to areas with lower concentrations of technology workers. Those payments totaled nearly $444 million and reached creators across 5,257 ZIP codes.

Roblox said U.S. creators contributed an estimated $2.37 billion to the economy between 2017 and 2025. The longer-term figure shows how creator activity expanded as the platform grew. It also adds context to the company’s latest annual earnings and employment estimates.

Roblox Expands Programs for New Developers

Roblox continues to expand tools and training programs designed to support new and experienced creators. The company offers Roblox Studio and a mobile-first Build tab for creating platform content. These tools lower technical barriers for people entering game development.

The company also added Jumpstart and Incubator programs during 2026 to support developer growth. Jumpstart helps creators learn the platform and experiment with different types of games. Incubator runs for six months and helps teams develop concepts into scalable products.

Roblox also supports learning programs that introduce younger users to coding and design skills. These efforts connect platform growth with a larger pipeline of future developers. The latest economic reports place that strategy beside rising creator earnings and broader regional activity.

The post Roblox Corporation (RBLX) Stock: Surges as Creator Economy Earnings Top $1.5 Billion appeared first on Blockonomi.

Multicoin Capital has sold another 10% of its HYPE holdings, according to blockchain analytics platform Arkham Intelligence. Still, HYPE remains its largest holding, currently worth around $90.5 million.

The investment firm had accumulated the tokens between February and March this year and has held the position for more than six months.

Slashing HYPE

Arkham stated that Multicoin held 4 million HYPE at its peak and now owns just over 25% of that amount. Earlier this week, the firm moved a large amount of the token to Coinbase Prime. On-chain data showed three separate transfers totaling 261,555 HYPE, worth about $21.7 million. The batches contained 63,235, 101,144, and 97,176 units. The transfers drew attention because they came as the crypto asset traded near its recent highs.

In June, Multicoin said it projected that HYPE could hit $319. The target came from valuing $8 billion in expected 2028 earnings at 20 times, which results in a $160 billion valuation based on an adjusted supply of about 502 million HYPE tokens. Its base case assumes crypto derivatives volume grows 35% annually, DEXs reach 32% of the derivatives market, Hyperliquid captures a 30% share, and USDC balances rise with volume.

On the other hand, its bear case puts HYPE at $109, while its bull case reaches $689 on $17.3 billion in projected cash flow. In the same report, Multicoin also compared Hyperliquid’s growth path with Binance’s rapid rise in 2017.

HYPE has been one of the best-performing assets this year. It has been on an absolute tear. The asset has gained 50% over the past month alone and recently established an all-time high of $86.71. It has since suffered a minor pullback, but continues to hover above $82.

Hyperliquid was also discussed during Donald Trump’s meeting with major crypto executives at the White House last month. Trump said CFTC Chair Michael Selig is working to bring the perpetuals-focused trading platform into the US. He said the goal is to make Hyperliquid operate in a “fully compliant and legal fashion.” The meeting also covered Bitcoin, the Digital Asset Market Clarity Act, and efforts to expand crypto activity in the US.

Due for a Drop?

While the broader outlook remains bullish, one trader is betting on a drop. Pseudonymous market watcher “swarmik” shared a bearish view on the token. The trader said it could fall 17.2% based on a four-hour chart setup while pointing to signs of weakness in the market structure. Heavy selling liquidity could push the price lower.

However, a potential correction could create an opportunity for a short position, with three downside targets being $76.77, $72.68, and $68.49. The trade would carry a risk level of 1.5R, according to the analysis.

The post Multicoin Sells Another 10% of HYPE Stack as Holdings Fall From 4 Million Tokens appeared first on CryptoPotato.

XRPL developer Denis Angell launched a live dashboard this week that scores every amendment on the XRP Ledger for how much of its functionality has actually been exercised on devnet before it reaches mainnet.

The tool turns amendment readiness, previously a matter of trust in the process, into a public scorecard that shows exactly which transaction types, fields, and result codes have never been touched by a real transaction.

What the Dashboard Actually Tracks

Angell built the tool, hosted at amendments-staging.xrpl.foundation, to read each amendment’s full spec surface directly from the node rather than maintaining it by hand. That includes every transaction type, optional field, flag, result code, and ledger entry the amendment introduces.

The dashboard then watches devnet activity and checks whether a validated transaction has ever exercised each one, with green cells linking to the transaction that first did it and red cells marking what hasn’t happened yet.

The developer explained the reasoning behind the project directly, saying:

“Every new XRPL feature ships as an amendment. Validators vote it in, and once it’s active it’s part of the protocol for good. That deserves real evidence that the feature has been exercised end to end on devnet, not just tested in isolation.”

As of this week, the dashboard is watching 16 amendments live on devnet, and 13 of them still have untested surface.

The widest gaps sit in newer amendments: Sponsor has 65 of its 107 possible checks never exercised, XChainBridge is missing 30 of 40, and MPTokensV1 is short 27 of 102.

This week’s scan also turned up 59 findings across the set: two spec bugs, 23 documentation gaps, and 34 test gaps.

One amendment, XLS-75 permission delegation, which lets an account hand off narrow powers to another key, such as freezing trust lines and nothing else, closed out its remaining test gaps this week.

According to Angell, the team added logic mapping each delegated transaction back to the specific permission behind it, then exercised every remaining cell on devnet, bringing all 122 checks across its 12 granular permissions to full coverage.

He’s framed the effort as crowdsourced, encouraging XRPL builders to “go find the red cells” and run the missing transactions themselves, since the dashboard picks up new activity within seconds.

Amendment Testing Comes as Adoption Lags

The push for more rigorous pre-activation testing follows a rocky upgrade cycle. As CryptoPotato reported in July, Ripple’s v3.2.0 update, which renamed the core server software from rippled to xrpld and cut node memory usage by 30% to 40%, had sat unadopted by more than half of XRPL nodes weeks after release, even as 89% of the network’s trusted validator set had moved it.

The post New XRP Ledger Tool Turns Amendment Testing Into Public Scorecard appeared first on CryptoPotato.

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.