Latest
Crypto News Today
Today's biggest crypto stories, each in 60 words.
40 stories
All crypto news
CFTC files to dismiss CME lawsuit over crypto perpetual futures
The CFTC moves to dismiss CME Group’s lawsuit, labeling it “much ado about nothing” and asserting CME lacks standing to sue over crypto perpetual futures, while contesting the exchange’s claims about market manipulation and regulatory compliance; this legal pushback could curb litigation risk, reinforce CFTC authority, and shape future derivatives enforcement in the crypto industry.
Bitcoin Miner Ditches Site for AI Deal That Could Top $1.2 Billion
Bitcoin miner abandons its current site to secure an AI partnership projected to generate $1.2 billion in revenue, with two contract extensions required to reach that figure; an optional expansion of computing capacity could push total earnings above $3 billion, signaling massive demand for AI‑driven mining power and potentially boosting sector valuations as firms chase high‑margin, data‑intensive workloads.
Australia is cracking down on crypto businesses as its strict new regulatory deadline nears
Australia enforces a new regulatory deadline for crypto businesses, threatening civil or criminal penalties for non‑compliance after October 1. Firms must register with the Australian Securities and Investments Commission and meet anti‑money‑laundering standards or risk breaching financial services law. The crackdown signals a tougher stance, tightening market oversight and potentially reducing illicit activity in the sector.
Standard Chartered launches spot Bitcoin and Ether trading in UAE
Standard Chartered announces it is the first major global bank to offer institutional access to spot Bitcoin and Ether trading in the UAE region, signaling a shift toward broader crypto adoption in the Gulf. By providing direct market exposure, the bank attracts hedge funds and family offices, potentially boosting liquidity and encouraging further regulatory clarity across the Middle East.
Bitcoin recovers toward $78,000 as pons and arbitrum extend Robinhood Chain rally
Bitcoin rises 0.76% toward $78,000 after a softer dollar lifts equities and metals, buoying the crypto market. The rally continues as Arbitrum (ARB) and Pons (PONS) climb for a third straight session, reinforcing the upward momentum. Investors anticipate further gains, while analysts warn of potential volatility in the near term.
Live updates: Bitcoin jumps above $81,000 as rates fall, dollar weakens
Bitcoin surges past $81,000 as U.S. rates decline and the dollar weakens, while investors focus on next week's inflation data that will shape Fed policy. The rally reflects renewed confidence amid easing monetary conditions, and traders anticipate that lower inflation could keep rates steady, supporting further gains in the crypto market.
Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia
Pencil Finance completes its first on‑chain lending cycle, disbursing $1 million to 6,600 Southeast Asian students who previously lacked access to conventional credit. The platform’s novel loan structure uses blockchain to streamline approvals and reduce costs, enabling rapid, transparent disbursements. By empowering thousands of learners, the initiative signals growing institutional adoption of crypto‑based finance for inclusive education.
Bitget in talks with Wall Street giants including BlackRock to fuel Asian distribution
Bitget is negotiating with major Wall Street firms, including BlackRock, to broaden Asian distribution of tokenized ETFs, says Gracy Chen. The world's largest asset manager exemplifies the growing demand for digital asset exposure in the region. Successful deals could unlock significant capital flows, boost liquidity, and accelerate mainstream adoption of tokenized securities across Asia.
A memecoin making app becomes crypto’s top fee generators as Robinhood Chain activity explodes
A memecoin‑making app tops crypto fee generators as Robinhood Chain activity explodes. Users pay nearly $6 million in a single day to create and trade tokens on Pons, surpassing fees on Pump, Hyperliquid, and even Robinhood Chain itself. This surge signals growing demand for low‑cost token creation, boosting platform adoption and market liquidity.
What Is Pons? The Robinhood Chain Meme Coin Factory Token Up 18,000% Since July
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 token surged 18,000% since July, reflecting a speculative frenzy that fuels the chain's growing ecosystem and attracts new traders seeking high‑risk, high‑reward opportunities.
Coinbase seeks SEC greenlight to list 24/7 equity perpetuals
Coinbase, the largest U.S. crypto exchange, seeks SEC approval to launch 24/7 equity perpetual contracts, tapping growing demand for continuous trading. The move could broaden its product suite, attract institutional traders, and boost liquidity. If approved, it may pressure rivals to expand offerings, potentially raising overall market volatility and fee revenues.
Crypto for Advisors: Why crypto earnings reports can be misleading
Crypto earnings reports often distort reality because they mix on‑chain metrics with traditional accounting, double‑count revenue, and omit volatile token price swings, leading advisors to overestimate profitability; firms typically highlight gross transaction volume while ignoring net fees after network costs, and they present non‑GAAP figures that mask cash‑flow risks, which can mislead investment decisions and distort market valuation.
Bitcoin ETFs Rebound as Ethereum and XRP ETFs End Winning Streaks
Bitcoin ETFs surge, pulling in $101.15 million in a single day after recording their steepest outflow since July, while Ethereum funds see their 12‑day winning streak end and XRP funds halt an 11‑session rally on Wednesday; the inflow signals renewed investor confidence in Bitcoin‑linked products, potentially boosting overall crypto‑ETF demand and market liquidity.
Revolut takes ‘important’ step toward becoming a US bank with conditional OCC approval
Revolut announces it has secured conditional approval from the U.S. Office of the Comptroller of the Currency, marking a pivotal step toward full banking licensure. The regulator’s preliminary sign‑off allows Revolut to pilot limited banking services while it satisfies capital, governance and compliance requirements. This move could broaden its U.S.
ChatGPT, Claude and Grok Outages Leave Users Asking How to Work Without AI
Three major AI services—ChatGPT, Claude and Grok—experience simultaneous outages, halting users’ workflows until Thursday when all platforms restore service; the disruptions expose reliance on generative tools for content creation, coding and research, prompting professionals to adopt manual alternatives and backup processes, while investors watch potential volatility in AI‑related stocks and cloud‑service demand.
Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention
Bitcoin rallies 5% to retake $80,000 as the U.S. dollar index falls, driven by suspected Bank of Japan yen intervention; analysts debate the move’s durability, with some citing temporary currency‑flow effects while others point to broader risk‑off sentiment. The price surge underscores crypto’s sensitivity to fiat‑currency dynamics and could boost market momentum.
Michigan authorities continue pursuit to block Kalshi as Supreme Court fight looms
Michigan regulators press to block Kalshi as the company faces a looming Supreme Court showdown, after federal officials instructed it to disregard a June restraining order that barred operations in the state.
OpenAI Releases GPT-6 Astra: The Closest AI Model Yet to AGI
OpenAI launches GPT‑6 Astra, a model that autonomously discovers and exploits previously unknown security vulnerabilities in hardened systems, prompting a staged rollout and a White House security review before any public release. The unprecedented capability raises concerns about AI‑driven cyber threats, urging regulators and industry leaders to tighten oversight and develop defensive AI tools to protect critical infrastructure.
Mantle adds Paxos’ USDG stablecoin, joins Global Dollar Network
Mantle integrates Paxos‑issued USDG as a natively minted stablecoin and joins the Global Dollar Network’s reward‑sharing structure, allowing users to earn incentives on USDG holdings. The addition expands Mantle’s stablecoin options, potentially boosting transaction volume and liquidity, while reinforcing the network’s appeal to DeFi projects seeking reliable, on‑chain dollar assets.
Crypto market cap surges to $2.82 trillion as Zcash leads rally alongside stocks
Crypto and related stocks like Strategy rallied as bitcoin topped $80,000 and Fed rate expectations remained split.
Bernie Sanders Pushes Bill to Ban Advanced AI Development
The forthcoming bill would pause advanced AI development, create a federal regulator, and threaten violators with up to 20 years in prison.
SoFi Links Banking Network and Stablecoin to Kraken in New Deal
Kraken will list SoFiUSD and gain access to SoFi’s round-the-clock dollar settlement network, while Kraken Prime will execute trades for SoFi’s crypto customers.
Standard Chartered brings spot crypto trading to Dubai FX platform
The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars and euros.
Stablecoin payments infrastructure startup Diameter Pay raises $10 million
Diameter Pay has raised $10 million in a Series A funding round co-led by CMT Digital and Lightspeed Faction.
Kraken parent Payward partners with SoFi on stablecoin, 24/7 settlement
The deal will bring SoFiUSD to Kraken, connect Payward to SoFi’s 24/7 dollar settlement network and give SoFi access to digital asset liquidity through Kraken Prime.
Strive CEO says company could end 2026 as second-largest public bitcoin holder as ASST climbs
Strive shares climbed to a year-to-date high of $26.84 on Thursday, placing the stock less than 1% below the warrants’ exercise price.
Sony Dismisses PS5 Buyers' $508M Tariff Refund Claim as 'Illogical'
The company raised PlayStation prices for a second time in March, five weeks after the tariffs were struck down.
Bitcoin Pumps as Fed Signals Rate Pause, $415 Million in Shorts Get Rekt
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.
BitMEX co-founder contributed 75% of Reform UK’s donations in Q2 2026
The UK political party and its leader, Nigel Farage, have accepted contributions from figures tied to the crypto industry, raising questions about potential influence on policies.
Bybit Pay integrates with Mesh to expand crypto payments
The integration lets Bybit users spend digital assets directly from their exchange balances across Mesh-powered platforms.
CFTC Asks Judge to Dismiss CME Lawsuit Over Crypto Perpetual Futures
The regulator argues that CME cannot challenge its approval of Kalshi’s Bitcoin perpetual contract without showing concrete financial harm.
Bitcoin-gold correlation hits six-year high, but analysts question whether equity decoupling will last
Glassnode is less convinced by bitcoin's recent divergence from U.S. equities, saying similar moves have previously been short-lived.
The yen is surging and it’s helping bitcoin, for now
Yen's rise has led to a broad-based USD weakness, driving the Dollar Index lower. BTC and gold are loving it, for now.
FX has stopped reading bond yields the old way. Bitcoin should too.
Your day-ahead look for Sept. 3, 2026
Mamdani Imposes One-Year Moratorium on Generative AI in NYC Schools
Nearly 600,000 students lose access to generative AI tools, while five named vendors keep metered pilots running in high schools.
Morning Minute: Strategy CEO Says Selling The Bottom Was Correct Move
Strategy sold millions in Bitcoin in the low $60k range and just rebought at $80k. Now they’re sharing the rationale behind the moves.
SoFi, Kraken tie up as crypto and banking push into each other's turf
Kraken is joining SoFi's settlement network and list SoFiUSD as the companies link traditional banking with crypto markets.
Nvidia buys Hugging Face for $12.9B in push into AI software
Nvidia agreed to buy Hugging Face for $12.93 billion, gaining a platform used by more than 18 million developers to share and deploy AI models.
SoFi, Payward agree to link banking network with Kraken infrastructure
SoFi Technologies partnered with Payward to connect its banking settlement network with Kraken's digital-asset infrastructure.
VARA, Securitize sign MoU for tokenization innovation in Dubai
VARA and Securitize signed an MoU to foster more tokenization innovation in Dubai and explore how tokenized financial innovation should be regulated in the region.