The Federal Reserve has raised its benchmark interest rate by 25 basis points to 3.75%–4%, delivering its first increase since July 2023 as inflation and energy costs remain elevated. Summary The Federal Reserve unanimously raised its benchmark rate by 25 basis points to 3.75%–4%. New projections show 16 of 18 officials expect at least one
The failed Senate vote on the CLARITY Act has shifted attention toward the SEC and CFTC, while crypto founders and investors prepare for a longer period without a federal market structure law, industry experts told crypto.news. Summary The SEC and CFTC may shape near-term crypto rules after the Senate failed to advance the bill. Founders
Bitcoin has failed to activate every proposed soft fork since Taproot went live in 2021, leading Drivechain creator Paul Sztorc to argue that the network cannot approve any such upgrade for the foreseeable future. Summary BIP-110 attracted 2.53% miner support before its enforcing branch stalled after two blocks. Paul Sztorc said every proposed soft fork
Hyperliquid’s HYPE token fell about 7.5% over the past week, retreating from $83.55 to around $78.70 as legal concerns and weaker technical momentum weighed on its recent rally. Summary HYPE price has fallen 7.5% since Sep. 10 after setting a record high near $89. 4-hour Supertrend resistance sits at $82.30, keeping the short-term structure bearish.
Ethereum price rebounded toward $2,420 after a sharp sell-off, but weak capital flows and resistance near $2,465 leave ETH exposed to another correction. Summary Ethereum price fell below $2,400 before recovering to about $2,421 during Tuesday’s session. The daily RSI dropped to 52.09 as momentum weakened from its recent overbought reading. 4-hour Supertrend resistance stands
Binance has scheduled the removal of four USDC spot trading pairs involving BREV, COOKIE, LA and QNT for Sept. 18 at 03:00 UTC. Summary Binance will remove four USDC spot pairs on September 18 while keeping underlying tokens tradable. BREV, COOKIE, LA and QNT remain available through other Binance spot pairs after removal deadline. Spot
Deutsche Bank has confirmed plans to launch an institutional digital-asset custody service later in 2026 with support for Bitcoin, Ether and selected regulated stablecoins, subject to completion of its regulatory process. Summary Deutsche Bank plans to launch crypto custody for institutional and corporate clients later this year. Bitcoin, Ether, USDC, EURC and EURAU are among
Six Malaysian men have been sentenced to prison over an armed robbery at a Singapore high-stakes poker game where the group stole roughly S$4.9 million in cryptocurrency, cash and luxury goods. Summary Six Malaysian men received prison terms for the S$4.9 million armed Singapore poker robbery case. Wong and Goh each received 12 years 11
Polymarket has moved its primary blockchain indexing infrastructure in-house, cutting the time needed to surface some onchain events by as much as 14 blocks, or roughly 28 seconds. Summary Polymarket has moved its primary blockchain indexing in-house using the Rust-based rindexer tool. The new system can surface onchain events up to 14 blocks, or roughly
The crypto market has lost more than 2% of its value, pushing Bitcoin below $76,000 as traders prepare for a likely Federal Reserve rate hike and a key Senate vote on the CLARITY Act. Summary The global crypto market capitalization fell more than 2% to about $2.6 trillion. Bitcoin dropped over 3% and traded below
