Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for new regulations and officials discussed the risks posed by international sanctions. The decisions put the limits of domestic crypto policy in focus: approval at home does not ensure access abroad. Zhao, known as CZ, said in
Traditional bank accounts are not vanishing just yet, but their role as the sole place where consumers hold and move money is being increasingly challenged by stablecoins and other digital wallets, according to a new report by consulting firm Bain. An indicator of legacy consumer accounts facing growing competition is the fact that banks’ revenue
Bitcoin has experienced sharp fluctuations in the past week. Having started September at around $78,000, BTC surged above $82,000 during the week, reaching its highest level since May. However, it couldn’t maintain these levels and fell back below $80,000. The volatility in Bitcoin is particularly attributed to strong US employment data and expectations that the
Cathie Wood’s ARK Invest was on the case to jump in and buy the dip on Sept. 4, Inc. has added shares of Robinhood Markets and the 3iQ Solana Staking ETF. The purchases came as stronger-than-expected U.S. jobs report that resulted in a selloff across Wall Street and fueled rising expectations that the Federal Reserve
The argument for a Fed interest rate hike later this month is getting louder in the wake of Friday’s stellar jobs report. But look under the hood, and the market-implied probability of that outcome remains modest, leaving the outlook fundamentally unchanged from how traders saw it a week ago, well before the data release. Traders
Bitcoin BTC$79,695.29 is nursing losses as crude trades higher following a weekend of escalation escalation in the U.S.-Iran war. On Saturday, U.S. Central Command (Centcom) confirmed striking three Iranian oil tankers, M/T Downy, M/T Stark 1, and M/T Kylo, near Kharg Island, Jask, and in the Gulf of Oman, respectively. “If you shoot at two
WEEK IN REVIEW FOMO Cracks Top 5 US Finance Charts, Passes Kalshi and Cash App Fomo, the social crypto trading app built for Robinhood Chain and other networks, has climbed into the top five U.S. finance apps on Apple’s App Store… Editor’s comment: While it may be the epitome of extractiveness and a PVP-style arena,
Crypto holders relied more on loans backed by digital assets as market conditions weakened in 2026, according to research from CryptoQuant. The report analyzed data from crypto lender CoinRabbit. It found higher borrowing activity among both retail and high-net-worth users. Borrowing Activity Rises Crypto-backed loans allow holders to access cash without immediately selling their digital