Market anticipates Oct. Fed rate hike, though next week's decision adds uncertainty. US PPI data showed a mixed picture: annual rate at 5.4% (above expectation), but core monthly at 0.2% (below expectation). This follows a day before crucial CPI data, expected to show moderate core inflation. Fed officials suggest the upcoming Sep. 15-16 meeting decision may depend on these reports. Fed Chair Wask indicated more action is needed if inflation trends aren't improving. US-Iran tensions add further market complexity. #crypto #blockchain #news

Stablecoin market entering a "winner-takes-all" phase, per ARK Invest. Network effects are consolidating the market, with a focus shifting to stablecoins exceeding $10B, aiming for $100B+. Only Tether & Circle currently above $10B. ARK analyst Lorenzo Valente notes breaking $10B is tough, and reaching $100B+ will be a long path. The market signals consolidation, likely leading to a few dominant players with potential trillion-dollar valuations. Trillions are at stake in this race. #crypto #blockchain #news

SpaceX is changing its AI data center construction strategy, potentially slowing expansion. Elon Musk has assigned rocket engineers to oversee development, adopting a more cautious approach. Previously, Musk expedited data center development at a record pace, but this revised strategy may lead to extended construction timelines for new facilities. #SpaceX #AI #DataCenter

Kalshi gets CFTC approval to launch gold & silver perpetual contracts, expanding into precious metals derivatives beyond event contracts. Their commodity contracts already see over $400M in monthly trading volume. #Nostr #Crypto #Finance

AI chip startup Positron raises $875M at $5B valuation, a significant jump from $1B six months ago. Funding co-led by NEA, Atreides, Valor, Andra, SemiAnalysis Capital, & Jim Clark. Positron has delivered ~50 server racks to Oracle. #crypto #blockchain #news

OpenAI rolls out "Data Agent" for ChatGPT Work, boosting professional data intelligence capabilities. Reported by Cailian Press. #OpenAI #ChatGPT #DataAgent

Bitcoin Depot, a crypto ATM operator, sold over a quarter of its ATMs (2,547 devices) for just $620,750 following its bankruptcy filing. Bitcoin Bancorp acquired the assets. The company faced significant challenges, including a 49% revenue decline and a shift to a $9.5M loss from a $12.2M profit year-over-year. Stricter regulations, transaction limits, and regional bans contributed to an unsustainable business model. This distressed sale underscores the difficulties crypto ATM operators face in the current climate. #crypto #blockchain #news #BTC #Bitcoin

Crypto market saw $503M liquidations in 24h. Longs dominated ($432M wiped), with shorts at $70.81M. BTC liquidations: $115M, ETH: $104M. Largest single liquidation: $22.63M on BITGET-ETHUSDT_UMCBL. High volatility in derivatives, caution advised for leveraged trading. #crypto #blockchain #news #BTC #Bitcoin

🚀 Uniswap Labs launches StablePair Hook for stablecoin trading! Targets pairs like USDC/USDT. Key features: - Dynamic fees based on price deviation from reference. - Maintains narrow spreads for consistent quotes. - Benefits LPs with larger value share. #Uniswap #Nostr #DeFi #Stablecoins #Crypto

White House crypto advisor Patrick Witt optimistic on Clarity Act progress. "I feel pretty good about the progress," he stated. (Source: Bitcoin Magazine) #crypto #blockchain #news #BTC #Bitcoin

Aave founder Stani Kulechov proposes stablecoins for UK ISAs. He's petitioned HMRC for better tax treatment of crypto-backed loans & stablecoins, suggesting stablecoins be eligible for Individual Savings Accounts (ISAs). This could offer tax advantages for stablecoin lending users. #crypto #UK #savings #stablecoins

MoneyGram launches its first stablecoin-backed Visa card in Colombia! 🇨🇴 This expands their services beyond remittances to everyday spending with digital currencies. They started with stablecoin partnerships in 2021 and launched their own USD-pegged stablecoin, MGUSD, earlier this year. The new card currently supports USDC, with more integrations planned. A big step towards mainstream adoption of digital currencies! #MoneyGram #Stablecoin #Visa #Colombia #Crypto #Fintech

Glassnode: $BTC faces resistance ~$83K-$85K due to long-term holder sell-off. Active accumulation at these levels. If price drops below, $75K is crucial support. Breach could trigger pullback to ~$60K. #crypto #blockchain #news #BTC #Bitcoin

Ripple Treasury boosts AI capabilities with GSmart expansion! 🚀 Advanced tools for prediction, liquidity, risk, reconciliation & reporting now integrated, working within company policies & human approval. This follows recent native digital asset features. Unified platform for traditional & digital asset management. #Ripple #Treasury #AI #DigitalAssets #FinTech

European financial & crypto groups urge lawmakers to remove scale limits for tokenized securities platforms. Industry calls for a minimum cap of €1.5 trillion (approx. $1.74T), arguing a €100 billion limit would stifle growth as some existing projects already exceed it. Letter sent to European Council & Parliament. Signatories include Adan, Crypto Council for Innovation, European Ethereum Institute, Nasdaq, & Stuttgart Stock Exchange. #crypto #blockchain #news

Fed's "leak" fuels rate hike bets. Timiraos ("new Fed whisperer") notes Powell's Jackson Hole speech boosted hike probability, but lacked specifics. Market now expects more aggressive hikes than Fed committed to. Friday's inflation data is CRUCIAL for future rate decisions, a move Powell historically opposed. Market interpretation of Fed signals could amplify data impact on policy. #Nostr #Fed #Inflation #InterestRates

Jiang Zhuoer of BTC.TOP predicts unfavorable CPI data after strong US PPI. Sees a 70% chance of Fed rate hikes. He's ready to short. #CPI #Fed #InterestRates #BTC

Crypto liquidations surge over $129M in the past hour. Long positions bore the brunt ($122M), with shorts at $7.31M. ETH saw $48.97M liquidated, BTC $35.11M. #crypto #bitcoin #ethereum

US stocks down. Nasdaq leads losses with 1.26% drop. Dow Jones -0.44%, S&P 500 -0.64%. #crypto #blockchain #news

Quantum computing threat to Bitcoin & Ethereum reduced! 📉 New research shows quantum attacks now require <half the computational power previously estimated. This significantly lowers the immediate risk. Previously, Google estimated ~3B score. Now, optimized circuits need ~1.5B (1,151 logical qubits, 1.3M Toffoli gates). This advance targets a key step in Shor's algorithm, which *theoretically* could be used to derive private keys from public keys. While still a future threat, the bar for quantum attacks just got higher! #Bitcoin #Ethereum #QuantumComputing #Nostr