Last week, the Fed, as expected, raised interest rates by 25 basis points. This was the first rate hike since 2023, and market expectations are growing that further rate increases may occur in October or December. As the Federal Reserve’s interest rate decisions for the remainder of 2026 are closely watched, Chicago Fed President Austan
Leading cryptocurrency Bitcoin started the week with a strong move, with its price surpassing $85,000 for the first time in months. While the question now is whether the uptrend will continue, important assessments have come from Glassnode analysts and CryptoQuant CEO Ki Young Ju. Closing Short Positions Accelerated the Rise! Glassnode, an on-chain analytics company,
Treasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to counter anxiety over surging government debt yields and shifting international payment rails. Bessent pushed back against a recent report by the New York Times which outlined structural risks in the country’s financial position.
Google and Apple are seeking employees with expertise in digital assets, adding to signs that Big Tech firms are preparing for a larger role for stablecoins, tokenization and blockchain-based payments. Google Cloud is hiring an Industry Principal Architect in Hong Kong to work with protocol foundations, exchanges, custodians and financial institutions to tokenize real-world assets
Eugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions, targeting an onchain process that covers subscription, payment and settlement. According to Eugene Investment & Securities, the memorandum of understanding signed on Sept. 21 will initially focus on a proof of concept that applies stablecoins
Strategy (MSTR$164.00·Market Closed made its first bitcoin purchase since late August, acquiring 950 $BTC for $75.7 million last week at an average price of $79,670 per coin. The purchase was funded through the sale of $80.1 million of common stock, according to a Monday morning regulatory filing. The remaining proceeds were used to repurchase $174
The Bank of Russia has proposed capping banks’ total risk from cryptocurrencies and foreign digital instruments at 1% of their capital as it sets prudential limits for lenders entering the country’s newly regulated crypto market. According to the Bank of Russia, the draft regulation would introduce two maximum risk ratios, N31 for individual credit institutions
The Bank of Korea has launched its first 24-hour won settlement network pilot, allowing foreign investors to settle Korean currency transactions outside the country’s conventional banking hours. The Bank of Korea said in its September 21 announcement that the Bank of Korea Won International Wire Network began trial operations on Monday as part of South
Bitcoin price prediction for September 22 stays bullish above $80,837, the level $BTC is defending inside a descending triangle even after closing the week above its 50-week moving average for the first time since November 2025. Bitcoin Price Analysis: Can $BTC Break Its Descending Triangle? Bitcoin Price Analysis (Source: TradingView) $BTC trades near $81,338, up