Key Takeaways Bitcoin’s weekly Super Trend indicator flipped bullish, marking a major shift from recent downtrends. Bitcoin aligned with gold after the U.S. expanded treasury buybacks, boosting its macroeconomic appeal. Bitfinex advised traders to use this Super Trend shift as a signal to open long positions and set stops. Bitfinex: Super Trend Index Turns Positive,
Key Takeaways Robinhood stock tokens hit 862,800 holders, overtaking Binance bStocks two months after launch. Robinhood Chain reached $1.7B in daily Uniswap volume and 78.5% of L2 revenue, boosting onchain clout. Robinhood’s tokenized equities strategy could deepen its push into onchain finance. Robinhood Chain Sees Uniswap Volume Reach $1.7B Daily Robinhood’s crypto strategy is moving
Key Takeaways AMC CEO Adam Aron demanded that Robinhood halt AMC Stock Tokens, saying the company never approved them. The clash spotlighted tokenized stocks and their liquidity pool. AMC’s legal review could test how far issuers can challenge offshore tokenized stock products. Robinhood CEO Fires Back as AMC Demands Token Trading Stop Robinhood, which reported
Key Takeaways Bitcoin’s “this time is different” narrative keeps returning, but the broader cycle pattern remains intact. BTC drawdowns are getting shallower, while gains from cycle lows are also shrinking. Greater adoption could change Bitcoin’s long-term price dynamics beyond the patterns seen so far. Since mid-August, analysts have started talking about the differences in this
Key Takeaways A Connecticut consumer cannot recover a $200,000 crypto deposit. The state alert names seven offshore DeFi trading platforms. Officials cite leverage of up to 250x and limited recourse for investors. Connecticut Links $200,000 Loss to Unregulated DeFi Exchange A Connecticut resident cannot recover $200,000 deposited into an unregulated decentralized finance (DeFi) cryptocurrency exchange
Key Takeaways The XRP logo will appear on Florida Field beginning with the 2026 season. The Ripple sponsorship will reportedly generate $5 million annually. Ripple will support finance and technology education across the campus. XRP Branding Arrives at Florida Field Florida Athletics, the University of Florida’s intercollegiate sports program known as the Florida Gators, announced
Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed charges against GPD Holdings LLC,
Key Takeaways Revolut won conditional OCC approval for a U.S. bank charter in six months. A charter could cut reliance on partner banks and intensify U.S. fintech and crypto competition. Revolut targets H1 2027 launch, pending FDIC, Fed, and final OCC approvals. Revolut Eyes US Stablecoins After Clearing Key OCC Hurdle Revolut has moved a
Key Takeaways Coinbase Derivatives filed Form 1-N and Coinbase Financial Markets filed Form BD-N with the SEC on Sept. 1. The firm’s shares jumped 10% to $192.70 on the news, but CFTC product approval is still needed before launch. Coinbase has offered 10x perps on Apple, Nvidia and Tesla to non-U.S. users since March 20,
Key Takeaways The National Sheriffs’ Association changed its position to neutral. Earlier objections focused on DeFi and anti-money laundering rules. The Senate is scheduled to hold a procedural vote on Sept. 15. Sheriffs’ Association Moves From Opposition to Neutral The National Sheriffs’ Association (NSA) changed its position on the CLARITY Act to neutral in a