TOP CRYPTO GAINERS: Bitcoin Cash (BCH), Bitcoin SV (BSV) and LayerZero (ZRO) posted double-digit gains today.
LayerZero led the move, with ZRO up 20.40% at the time of the report, while BCH and BSV also recorded strong gains.
REX Launches 2X Leveraged Bitcoin ETF
REX Shares and Tuttle Capital have launched the T-REX 2X Long ASST Daily Target ETF, offering 2x daily exposure to Strive, a publicly traded Bitcoin treasury company.
Polygon to Burn 100 Million POL Tokens
Polygon Foundation CEO Sandeep Nailwal announced plans to permanently burn 100 million POL tokens, with a recurring quarterly burn mechanism to follow.
Former Hong Kong Banker Jailed 4 Years Over $470K Tether Bribes
A former China Construction Bank manager was sentenced after accepting over $470,000 in USDT bribes.
Bank of Japan Raises Interest Rate to 1.25% 🇯🇵
The Bank of Japan has raised its policy interest rate by 25 basis points to 1.25%, marking its highest level since 1995 as it continues to tackle persistent inflation and rising energy costs.
Bitcoin Could Outperform Gold as ETF Hedging Eases 📈
JPMorgan says Bitcoin may benefit more than gold if demand for ETF hedging starts to decline, potentially creating fresh momentum for BTC.
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After the CLARITY Act failed to advance in the U.S. Senate, Coinbase CEO Brian Armstrong said the crypto industry should look to the SEC and CFTC for clearer rules using their existing authority. The Senate vote was 49–50, short of the 60 votes needed to advance the bill.
MARA Adds 1,292 BTC to Its Bitcoin Holdings
MARA has purchased another 1,292 BTC for approximately $98.64 million through FalconX, highlighting continued corporate Bitcoin accumulation.
#Bitcoin#BTC#MARA#CryptoNews#CryptoMarkets
The White House has agreed to new crypto ethics restrictions as lawmakers make a last-minute push to save the CLARITY Act ahead of Tuesday’s Senate vote. The revised bill would limit federal officials from issuing or sponsoring digital assets.
Grayscale Moves Toward Bitcoin Cash Spot ETF
Grayscale has filed an amended S-3 registration to convert its Bitcoin Cash Trust into a spot Bitcoin Cash ETF, with BCH shares planned to trade on NYSE Arca under the renamed trust.
Ripple’s former CTO says XRP could potentially surpass Bitcoin if it experiences an 18× price surge.
The bold prediction has sparked fresh debate around XRP’s long-term potential. 📈
#Block24Seven#XRP#Ripple#Bitcoin#CryptoNews
A revised U.S. CLARITY Act would require non-decentralized DeFi protocols with identifiable controllers to register with the CFTC.
The updated bill also narrows DeFi protections to spot and cash transactions, ahead of a key Senate vote on September 15.
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NEAR Protocol (NEAR) is back above $2, jumping 18%. 📈
Futures volume surged 150.65% to $964.57M, while open interest rose 33.06% to $571.79M, signaling strong trader activity.
Dash (DASH) surges 44%, fueling hopes of a continued rally. 🚀
A break above the $91 resistance level could potentially put $134 back in focus.
#Dash#DASH#CryptoNews#CryptoMarket#Block24Seven
Vitalik Buterin dismisses fears that AI could crash Bitcoin by 50% or more. 🤖₿
He says the likelihood of AI breaking Bitcoin’s cryptography or Proof-of-Work remains very low.
Chainlink (LINK) climbs above $13 📈
LINK breaks the key $12 resistance, supported by rising institutional demand and open interest. However, whale transfers to Coinbase remain a potential risk.
U.S. Sheriffs’ Association shifts to a neutral stance on the CLARITY Act 🇺🇸
After months of warning that the crypto bill could hinder illicit-finance investigations, the National Sheriffs’ Association is now taking a neutral position.