Crypto

Bitcoin traded above $76,000 as the Fed projected limited further tightening, while Paradigm’s Matt Huang discussed Zcash’s role as a privacy complement to bitcoin.

The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections.

XRP whales moved early as 85 new millionaire wallets appeared before the dramatic August breakout.

Client estimates already disagree, while daily key rotation could weaken the public traces used to detect concentrated risk. The post Ethereum’s client diversity picture fractures under incompatible estimates appeared first on CryptoSlate.

Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year. Bitcoin held near its pre-Fed announcement levels of around $76,000 on Wednesday despite the US Federal Reserve raising its benchmark interest rate for the first time since 2023 to address persistently high inflation.  The Fed’s Federal Open Market Committee on Wednesday voted unanimously to raise rates by 25 basis points to a target range of 3.75% to 4%, a move that typically puts pressure on stocks and other risk assets. However, Bitcoin showed little immediate reaction to the announcement and was trading at $76,663 at the time of writing, up 1.35% in 24 hours. “The initial reaction suggests the Fed’s decision was largely anticipated by crypto markets. Bitcoin has remained relatively resilient, holding broadly around pre-announcement levels even as equities moved lower,” said Cooper Duschang, research analyst at Talos in comments shared with C...

The network uses one USDC balance for payments and fees, but catching its rival depends on additional demand. The post Circle opens Arc mainnet as it seeks an edge for USDC utility appeared first on CryptoSlate.

The legislation seeks to codify Trump’s Bitcoin reserve policy, locking up Bitcoin acquired through civil and criminal forfeiture for 20 years. US lawmakers took a step on Wednesday to put US President Donald Trump’s executive order to establish a strategic Bitcoin reserve into law.  The American Reserve Modernization Act of 2026 (H.R. 8957) passed the US House Committee on Financial Services in a 28-21 vote. The bill would establish a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile within the Department of the Treasury for federally held Bitcoin and other digital assets acquired through criminal or civil forfeiture. “We cannot allow Bitcoin to be held by the federal government to languish in fragmented and inconsistent custody,” said US Representative Nicholas Begich, who introduced the bill on May 21. “It poses unacceptable cybersecurity risks and fails to give an adequate accounting of what the federal government actually owns.”  Read more

Online merchants can apply by Oct. 27 for the controlled 2027 pilot, while issuance remains contingent on EU legislation. The post ECB opens merchant applications for controlled 2027 digital euro pilot appeared first on CryptoSlate.

Bitcoin's latest dip has split analysts between a possible daily-cycle low and calls for another drop toward $70,000 or even $50,000 again.

Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue. More than 4 gigawatts of artificial intelligence and high-performance computing capacity are under contract across publicly traded miners tracked by CoinShares, but only about 550 megawatts are currently billing. Still, investors are assigning a steep premium to […] The post Bitcoin miners have amassed $100 billion of AI deals, but almost none of the revenue exists yet appeared first on CryptoSlate.

The bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.

Google Gemini AI predicts that in a full-blown crypto bull market, the XRP price could rise as high as $8 in 2026, with a firm bullish target of $4.50 by January 1, 2027.However, following yesterday’s failed CLARITY Act vote, which fell short of the 60 votes needed to advance the bill, the same AI prediction […] The post Google Gemini AI Predicts XRP Could Crash if This Doesn’t Happen appeared first on Cryptonews.

Meta is reportedly developing a version of its smart glasses without a camera, potentially addressing one of the biggest privacy objections to AI wearables.

Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the current Congress ends. The CLARITY Act could get another chance in Congress during the post-election lame-duck session despite failing to advance in the Senate this week, according to Digital Sovereignty Alliance managing director Adrian Wall. Wall said Wednesday that he has spoken directly with senators from both parties who are considering another attempt to advance the crypto market structure legislation before the current Congress ends. “There is an appetite to put this forward even during the lame duck period of Congress,” Wall said during Cointelegraph’s Chain Reaction show on X. “Is it easy? No. It’s going to be very complicated. It’s a long shot.” Read more

Solana falls below $100 after the CLARITY Act setback, but certain factors suggest this correction could be short-lived.

An independent researcher found the agents hijacked Hugging Face accounts and mapped the platform's defenses as early as May 13—activity OpenAI's own incident report never fully described.

Failed cloture delayed a statutory framework while existing XRP access remained intact and post-vote fund demand stayed unmeasured. The post XRP falls hard after CLARITY vote as Ripple’s regulatory advantage faces a new test appeared first on CryptoSlate.

The actual removals will take place on September 18.

Chair Kevin Warsh credited Trump's economy, then ignored his rate-cut wishes entirely.

Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between successive slots, expanding both transaction capability and network responsiveness. The upgrades come as activity across Solana accelerates, raising the […] The post Solana triples transaction size as major upgrades meet record network activity appeared first on CryptoSlate.