Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Uniswap Labs launched StablePair Hook on 10 September as its third official Uniswap v4 Hook and first upgradeable dynamic-fee Hook. Initially deployed on Ethereum in USDC/USDG and USDC/USDT pools, StablePair Hook adjusts fees based on price deviations from a reference rate. The design aims to reduce liquidity-provider losses from arbitrage, known as loss-versus-rebalancing (LVR). Within a narrow price range, it maintains a predictable bid-ask spread. When a trade pushes the pool further from its reference price, no additional fee is charged. Trades that restore the price trigger a Dutch auction, with fees starting high and declining block by block. This could allow LPs to retain more arbitrage value instead of transferring it entirely to bots. Uniswap reported $43.4 billion in stablecoin-to-stablecoin volume in the second quarter of 2026 and $70.6 billion in total volume over the previous 30 days. The latest breakdown included about $23 billion on Ethereum and $26 billion on Robinhood Chain. StablePair Hook is part of Uniswap v4’s broader institutional infrastructure strategy. DualPool directs idle stablecoin liquidity into yield-bearing vaults, while Permissioned Pools support compliant tokenised assets. The launch increases competitive pressure on Curve, although Curve’s StableSwap model remains strong for large stablecoin trades. The near-term impact on UNI is likely limited because StablePair Hook is new and does not directly change token supply or demand. Traders should monitor liquidity, fee parameters, arbitrage activity, adoption and UNI sentiment as the system develops.

Bitcoin open interest has fallen by about 14% as traders reduce leveraged exposure ahead of key legislative votes and macroeconomic risks. The decline forms part of a broader 2026 deleveraging trend, with previous open interest contractions ranging from 11% to 19.5%. On 12 September, Bitcoin futures open interest dropped by roughly 13,600 BTC, worth about $1.05 billion at the time, after consumer price index data unsettled risk assets. Earlier in the year, open interest fell from approximately 381,000 BTC to 314,000 BTC, a decline of nearly 17.5%. Binance retains about 36% to 37% of total Bitcoin open interest. Its stable market share while overall open interest declines suggests that traders are reducing leverage across the market rather than responding to an exchange-specific event. Analyst Axel Adler Jr. said the trend indicates a shift from derivatives towards spot Bitcoin trading. Stable prices during falling open interest may suggest that spot demand is absorbing selling pressure. Lower leverage also reduces the risk of forced liquidations and cascading sell-offs, although it may limit the scale of short-term price breakouts. Separately, BlackRock’s iShares Bitcoin Trust recorded $19.23 million in redemptions on 11 September. US spot Bitcoin ETFs reported about $13 million in combined net outflows that day, while category-wide outflows reached roughly $463 million from 8 to 11 September. The IBIT outflow represented only about 0.03% of its more than $60.6 billion in assets.

A dormant ETH whale has transferred 1,250 ETH, worth about $3.14 million, to MAX Exchange, according to on-chain analyst Ai Yi. The address, 0x08E…03e6b, received 1,500 ETH in September 2021 at an average price of $3,159.27 and reportedly remained inactive for four years. The transfer may indicate a potential reduction in the whale’s ETH holdings, although no sale has been confirmed. If the entire deposit is sold at current levels, the position would reportedly realize a loss of more than 20%. The movement could attract trader attention because large ETH transfers to exchanges are often monitored as possible indicators of future selling pressure. However, a deposit alone does not establish bearish market intent. Traders should watch whether the ETH is sold, moved to another wallet, or remains on the exchange.

XRP is gaining political support ahead of the Senate’s 15 September procedural vote on the CLARITY Act, a proposed US crypto market-structure law. President Donald Trump reportedly accepted about 80% of an ethics compromise negotiated by Republican Senator Thom Tillis and Democratic Senator Ruben Gallego. The agreement would tighten restrictions on elected officials’ crypto holdings and give state attorneys general enforcement powers alongside federal agencies. The compromise addresses a key Democratic objection, but the CLARITY Act still needs 60 votes to advance. Lawmakers remain divided over illicit finance rules, stablecoin rewards, consumer protection and the impact on traditional bank deposits. A successful procedural vote would not immediately enact the bill or decide whether XRP is a security or a commodity. The revised text also includes CFTC registration requirements for some DeFi protocols that retain significant centralised control and clarifies certain digital-asset activities by credit unions. XRP traded near $1.36, within a 24-hour range of roughly $1.32 to $1.43, showing a limited immediate reaction. US spot XRP ETFs recorded $18.98 million in net inflows from 8 to 10 September, including $12.29 million on 9 September and $5.14 million on 10 September. These inflows contrasted with major Bitcoin ETF outflows and extended XRP’s recent positive ETF trend. XRP had previously rebounded about 57% from August lows near $0.90, while futures volume reached $11.37 billion. Traders should expect heightened XRP volatility around the Senate vote, political headlines and further legislative negotiations.

The US Senate is due to vote on 15 September on whether to begin debating the 635-page Digital Asset Market Clarity Act, known as the CLARITY Act. The procedural vote requires 60 votes, so Republicans must win support from Democrats or independents. The latest draft contains 126 substantive changes after more than a year of negotiations. Republican staff said former President Donald Trump accepted about 80% of an ethics proposal from Senators Thom Tillis and Ruben Gallego. The rules would target officials’ ownership of at least $15,000 in equity in companies whose main revenue comes from issuing or sponsoring digital assets. Officials would need to sell those interests or place them in qualified blind trusts, with civil penalties of at least $500,000 for violations. Holding more than $15,000 in Bitcoin or Ether would not be banned. Existing Trump-related tokens would not automatically be delisted. Restrictions on newly issued or sponsored tokens would apply later, while existing crypto business interests could still face review. The CLARITY Act also proposes limited enforcement powers for state attorneys general, protections for community banks facing stablecoin-related deposit outflows, and a safe harbour for software developers who do not control customer assets. Key disputes remain over anti-money-laundering rules, stablecoin incentives, banking risks and enforcement authority. Even if the Senate passes the procedural vote, amendments and a final vote would follow, while the House would need to approve the text or negotiate a compromise. Polymarket’s probability of the bill becoming law in 2026 previously rose to 35%, highlighting its importance as a US crypto-regulation catalyst. For traders, the CLARITY Act could support long-term market confidence if it advances, but immediate price gains are uncertain and failure could cause short-term disappointment.

ChemSec warns that AI-driven demand for semiconductors and data-centre cooling could trigger a major PFAS production surge. The nonprofit describes the expansion of “forever chemicals” as a potential “tidal wave” linked to fluoropolymers used in chip manufacturing and specialty fluids used in immersion and two-phase cooling systems. Chemours is expanding PFAS capacity at facilities in Fayetteville, North Carolina, and Parkersburg, West Virginia. It markets Teflon PFA and Opteon 2P50 for semiconductor production and data-centre cooling. PFAS are valued for their chemical stability, but they persist in the environment and have been linked to contamination concerns. ChemSec’s 2025 ChemScore report gave Chemours a score of zero for transparency and progress in phasing out hazardous substances. The global PFAS market is estimated at about $28 billion. AI infrastructure growth may increase demand for PFAS, while regulatory pressure rises. The European Union is considering broad PFAS restrictions, and the US Environmental Protection Agency has tightened drinking-water standards for several PFAS compounds. Ecolab and 3M have announced plans to reduce or end intentional PFAS use, potentially shifting market share towards producers that continue expanding capacity. For traders, the PFAS production surge is primarily an industrial and environmental-policy story rather than a direct cryptocurrency catalyst. It may influence semiconductor, data-centre, chemical and clean-technology equities, while indirectly affecting the broader AI investment narrative.

Metaplanet has approved a wholly owned Hong Kong subsidiary, Metaplanet Asset Management Asia Limited, with planned initial capital of $1 million. The company expects to incorporate the Bitcoin-focused unit in September 2026. The subsidiary will manage Bitcoin-related investments and other liquid assets, including listed equities, preferred securities, credit products, derivatives and structured investments. It will execute trades, monitor positions and manage risk during Asian market hours, complementing Metaplanet’s Miami-based asset-management operation. Simon Gerovich, Darren Winia and Kelvin Lee will initially serve as directors. The Hong Kong business is part of Project Nova, Metaplanet’s strategy to expand into Bitcoin asset management, securities and capital-markets services. The announcement did not confirm client-service launch dates, assets under management or Hong Kong regulatory licensing. Metaplanet expects the subsidiary to have a minimal effect on its consolidated 2026 financial results. The move strengthens Metaplanet’s institutional Bitcoin infrastructure but does not immediately increase its Bitcoin treasury or introduce a new investment product.

Hong Kong chip stocks fell sharply in afternoon trading on 14 September 2026. Jiang Bolong dropped more than 10%, while GigaDevice and Enflame Technology each fell over 5%. Montage Technology and Biren Technology declined more than 4%. The move signals broad weakness across Hong Kong-listed semiconductor stocks, although the report provided no specific catalyst. Traders should monitor sector-wide volume, mainland technology sentiment and broader risk appetite for confirmation. The decline may affect short-term sentiment toward semiconductor and technology shares, but it has no direct fundamental impact on cryptocurrency markets.

Wintermute currently holds short positions worth approximately $122 million, according to monitoring by Onchain Lens. The positions have generated about $920,000 in unrealised profit. Ethereum (ETH) is the market maker’s largest short position, valued at approximately $38.47 million. The data highlights Wintermute’s current bearish exposure, but it does not indicate whether the positions have been opened recently or represent a change in its broader trading strategy. Traders should monitor ETH price action, liquidation levels and further wallet movements before treating the disclosure as a strong directional signal. Wintermute’s short positions may influence sentiment if prices fall and the positions become profitable, but the snapshot alone is unlikely to materially affect wider crypto-market liquidity or stability.

Tim Scott, chair of the US Senate Banking Committee, has called for the passage of the CLARITY Act. He said the legislation would protect Americans’ savings, support jobs and innovation in the United States, and strengthen national security. Scott added that the latest text would expand law-enforcement powers and give the Treasury secretary additional tools to protect community banks, farmers and rural residents. The CLARITY Act is now a key focus of US digital-asset legislation. Senate Republicans recently released a revised version, which reportedly received Donald Trump’s support for about 80% of its proposed ethics provisions. The bill’s progress could influence the future regulatory framework for cryptocurrencies and blockchain companies operating in the US.

Goldman Sachs expects Micron Technology to report quarterly revenue of $51.9 billion, about 3% above market consensus. Forecast gross margin is 87.3%, while earnings per share are projected at $32.54, also ahead of estimates. Goldman Sachs set a 12-month price target of $1,100, implying 12.5% upside from Micron’s September 10 closing price of $977.41, while maintaining a neutral rating. Investors will focus on strategic customer agreements, share buybacks and the company’s HBM4 shipment schedule. Micron’s HBM market share is currently estimated at about 20%. Goldman expects November-quarter revenue of $57.7 billion and EPS of $37.06, both above consensus. Strong DRAM and NAND pricing, supported by AI server demand, remain key drivers. However, expanded capacity from China’s CXMT could increase long-term supply and pressure memory prices. HBM4 execution, HBM4E sampling, capital returns and future pricing will be the main catalysts for Micron shares.

Ukraine is expanding the use of unmanned vehicles on the frontline for logistics, troop evacuation and selected assault missions. The latest report says unmanned ground vehicles could eventually replace up to one-third of frontline troops, reducing exposure to Russia’s drone-heavy battlefield and supporting Ukraine’s defensive operations. The deployment reflects a wider shift towards military automation, with both Ukraine and Russia increasing their use of drones and other unmanned systems. Prediction-market pricing indicates that traders have modestly lowered the probability of Russian forces entering Mykolaivka by 30 September 2026, to 56.5% from 58% a day earlier and 79% a week earlier. This market pricing reflects expectations, not confirmed battlefield developments. Further comments from Ukrainian officials, including Oleksandr Syrskyi and Maksym Zhorin, along with battlefield reports and assessments from the Institute for the Study of War and DeepState, could change those expectations. For crypto traders, unmanned vehicles are an indirect geopolitical risk factor. The news could affect volatility through energy prices, commodities and global risk appetite if the conflict escalates, but it offers no direct signal on cryptocurrency prices, blockchain projects or digital-asset flows.

Crown Castle (CCI) has completed a strategic transformation into a pure-play US communications tower REIT after divesting its Fiber and Small Cell assets. The company generated $8.4 billion from the asset sales, using $7 billion to repay debt and $1 billion to repurchase shares. The transactions materially strengthened CCI’s balance sheet. Crown Castle also cut its dividend by 32%. Despite the reduction, CCI offers a dividend yield of about 5.6%. However, its payout ratio remains above management’s long-term target, which could limit dividend growth in the near term. The stock is trading close to its 52-week low and below the price targets of all analysts cited in the article. The analysis rates CCI as a Buy, arguing that the weaker share price and improved financial position create an attractive entry point. Key factors for investors include debt reduction, dividend sustainability, interest-rate sensitivity and future growth in communications-tower demand.

Bitcoin and Ethereum recovered from intraday lows during Asian trading, but the move remains a low-level rebound rather than a confirmed trend reversal. Bitcoin fell to $76,439 before recovering to about $77,602, up roughly 0.5% from the previous close. Ethereum rebounded from $2,464.63 to around $2,513.37, but remained down about 0.3% from the previous close. Global crypto market capitalisation stood near $2.72 trillion, with 24-hour trading volume of about $58.4 billion. Bitcoin dominance was approximately 57.4%, while Ethereum dominance was 11.3%, indicating that liquidity remains concentrated in large-cap assets. Bitcoin ETF flows were negative for four consecutive trading days from 8 to 11 September, with total outflows of about $462.7 million. Ethereum ETFs recorded inflows of approximately $196.9 million over the same period, including $216.4 million on 11 September. The divergence signals different demand patterns, but does not prove that investors are directly rotating from Bitcoin into Ethereum. For traders, Bitcoin must hold support near $76,400 and break above $77,800 to strengthen the case for a move towards $78,000 and potentially $80,000. Ethereum needs to hold $2,500 and clear approximately $2,523 to target $2,600. A loss of $2,500 could expose Ethereum to a retest of $2,465. Bitcoin ETF flows, Ethereum ETF demand and trading volume will be key indicators of whether the rebound can continue.

Benchmark Electronics (BHE) is presented as a speculative buy for investors seeking exposure to AI infrastructure spending. The company provides advanced engineering and electronics manufacturing services to technology clients in complex and highly regulated markets. Its potential growth drivers include AI-related product development, expanded manufacturing programs, nearshoring capacity and recovery in end markets. Benchmark Electronics could benefit if new customer programs reach profitable mass production. However, investors should monitor margins, production ramp costs and customer concentration. These risks could limit how much sales growth improves shareholder returns. The analysis views the recent pullback as a potentially attractive entry point for long-term investors, but it does not provide specific financial forecasts or price targets. Benchmark Electronics is an equity-market story rather than a direct cryptocurrency investment.

Pump.fun co-founder Noah Tweedale said the Pump Foundation treasury is approaching $2 billion as the platform shifts from a meme coin launchpad towards a mobile-first, social trading platform. The company wants users to trade any token, including small and newly launched assets, while expanding its Web product and professional Terminal interface acquired through Padre. Tweedale said Pump.fun is prioritising the market where it already has an advantage rather than entering the crowded perpetual futures sector. Potential growth areas include a native stablecoin, social-network effects, acquisitions and rapid product experiments. The company has about 80 employees, with an average age of roughly 25. Pump.fun’s BOOST Mode reportedly redirects unused SOL from bonding curves into market purchases during the five minutes after a token migrates, generating an estimated $5 million to $10 million in weekly liquidity. The team also tested GO, a bounty platform, but shut it down after initial attention failed to translate into sustained usage. Tweedale said more than 90% of investors and team members reportedly did not sell during a major PUMP token unlock, although the figures should be verified on-chain. He also expressed scepticism towards decentralisation, arguing that user ownership and product experience matter more. For traders, the interview highlights Pump.fun’s ambitions, but provides no confirmed launch date for a stablecoin or other immediate catalyst.

President Donald Trump says proposed $5,000 payments to about 240 million US adults would be “easy” to fund if Republicans retain control of Congress. The proposed Trump dividend would cost roughly $1.2 trillion, excluding potential borrowing costs, but it has not been approved by Congress. House Speaker Mike Johnson said lawmakers would need to determine how the payments would be authorized and financed. Republicans hold narrow congressional majorities, while Senate legislation generally requires 60 votes unless Republicans use budget reconciliation. Tariff revenue is unlikely to cover the Trump $5,000 payments. The Congressional Budget Office estimates that tariffs have generated about $167 billion in the current fiscal year, far below the plan’s projected cost. The federal government is also expected to run a deficit of about $2.1 trillion this fiscal year. Economists and some Republicans warn that the proposal could increase inflation and interest rates if it injects $1.2 trillion into the economy. Democrats and consumer advocates have called the plan unrealistic and politically motivated. For now, the Trump $5,000 payments remain a campaign pledge rather than an approved federal programme.

The crypto market remains mixed as on-chain activity, token flows and US crypto regulation develop in parallel. Robinhood Chain’s revenue fell to $436,300 over the past 24 hours, a figure traders may monitor for signs of weakening usage or fee income. An address linked to early Ethereum contributor billΞ.eth withdrew 500,000 LIT worth about $2.07 million. The move could increase short-term selling pressure if the tokens are transferred to exchanges. Separately, a whale spent $1.04 million to buy 20.31 million MEME tokens over 10 days, becoming the largest holder. This may support MEME’s price in the short term but also raises concentration and liquidity risks. Another address closed its entire 4STOCK position after losing $304,000 over five days. Robinhood executive Long said stock tokens are backed 1:1 by real shares held on Robinhood, while current discounts mainly reflect a premium in USDC. The clarification may ease concerns about the structure of tokenised equities. In Washington, Senate Republicans released a final version of the CLARITY Act, while President Donald Trump reportedly agreed with about 80% of a proposed ethics package. Regulatory developments could influence market sentiment and the long-term framework for crypto businesses, although passage remains uncertain. Overall, the crypto market outlook is neutral, with token-specific volatility likely to dominate near-term trading.

Danish economist Henrik Zeberg has warned that the US economy and stock market could face a severe downturn after a final speculative rally. Based on his model, the Nasdaq 100 could rise to about 39,000 by the end of 2026, representing a gain of roughly 33%, before falling to around 10,600, near its 2022 low. Zeberg expects the market decline to coincide with a US recession. The Nasdaq 100 crash forecast is not a confirmed event, but it highlights risks linked to stretched valuations, monetary policy and a potential reversal in technology stocks. Traders may monitor US economic data, Federal Reserve policy, earnings growth and market volatility rather than treat the forecast as a fixed price target.

HSBC now expects the Federal Reserve to raise interest rates by 25 basis points in both September and December 2026. The bank previously forecast that US monetary policy would remain unchanged. The revised Fed rate outlook signals a more hawkish view on inflation and economic conditions. For crypto traders, higher rates could pressure Bitcoin and other risk assets by reducing liquidity and increasing the appeal of the US dollar and Treasury yields. Market participants may monitor inflation data, employment figures and Federal Reserve guidance for confirmation.

Firmus Technologies is seeking up to US$5 billion in an Australian Securities Exchange IPO, potentially making it one of Australia’s largest technology listings. The Singapore-based AI data centre developer is holding investor meetings in Asia, with Australian roadshows expected to follow. Firmus was founded in 2019 with technology rooted in Bitcoin mining but has since shifted fully towards AI infrastructure. It builds liquid-cooled AI data centres using Nvidia reference architectures. Nvidia and Blackstone are among its backers. The company raised US$505 million at a US$5.5 billion post-money valuation in April 2026. Its valuation exceeded US$10.5 billion by August. Firmus initially targeted a US$2 billion IPO, but increased the goal after reporting stronger contracted revenue prospects, new Nvidia agreements and expansion into Indonesia and Malaysia. The IPO would help finance Project Southgate, which aims to develop 1.6 gigawatts of AI computing capacity across Australia. Firmus also secured a US$10 billion Blackstone-led debt facility in February. For crypto traders, the Firmus IPO highlights the growing transition from Bitcoin mining to AI data centres. Mining operators can repurpose expertise in power management, cooling and large-scale hardware deployment, while AI contracts may offer more predictable long-term revenue than Bitcoin mining. However, the planned listing is not a direct catalyst for BTC and carries execution, valuation and leverage risks.

Duluth Holdings Inc. (DLTH) reported fiscal second-quarter results on 3 September. Quarterly revenue fell 7.8%, continuing a four-year decline in sales. However, profit increased significantly, supported by a one-time tariff refund worth $16.3 million. The company also reported a strong balance sheet, including low debt, solid liquidity and improved inventory conditions. Analyst Mayank Marwah said his discounted cash-flow valuation suggests Duluth Holdings is undervalued by about 109% and rated the stock a buy. The earnings improvement may therefore reflect both operational progress and a material one-off benefit. For traders, the key risks are continued sales weakness and the sustainability of future profits, while the company’s liquidity and low leverage could provide financial support.

Dividend Yield Theorist has updated a watchlist of 50 high-quality dividend stocks for September 2026, focusing on valuation, earnings growth and long-term total returns. Recent upgrades include Eli Lilly, Watsco and Nike, supported by improved valuations and stronger projected earnings-per-share growth. The analysis estimates that 43 of the 50 high-quality dividend stocks could deliver forward returns of at least 10%. A further 29 stocks appear potentially undervalued based on free-cash-flow mean reversion. The strategy prioritises companies with strong dividend records, durable business quality and attractive entry valuations. The article is relevant to equity and income investors rather than cryptocurrency traders. It does not identify any direct crypto-market catalyst, but shifts in investor preference toward dividend stocks could influence broader risk appetite, interest-rate expectations and capital allocation across financial markets.

The AI slowdown narrative and rising interest-rate expectations are increasing pressure on global risk assets. Brent crude rose nearly 3% to about $104 a barrel after attacks disrupted a Saudi pipeline with capacity of roughly 7 million barrels per day. A prolonged shutdown could create a global supply shortfall of about 4%. Brent crude and the AI slowdown narrative are now key market drivers. US core CPI rose 0.3% month on month in August, above the 0.2% forecast. Markets priced an 86.7% chance of a 25-basis-point rate hike this week, with two additional hikes expected by year-end. The 10-year Treasury yield briefly reached 4.992%, close to the 5% threshold that could pressure technology valuations, mortgage rates and corporate financing. The dollar index climbed to 99.37, while gold held near $4,300 an ounce. The AI slowdown narrative emerged after Anthropic CEO Dario Amodei called for slower frontier-model development to allow more time for safety research. Elon Musk and OpenAI CEO Sam Altman supported the discussion. OpenAI also said it would not pursue an IPO this year. Traders fear a reassessment of AI capital expenditure, potentially affecting semiconductors, servers and data-centre stocks. Dell rose nearly 12% after Oracle identified it as a major AI-server supplier, while several optical and chip stocks also gained. This week’s major catalysts include the Federal Reserve decision, US oil inventories, Bank of England and Bank of Japan meetings, the US CLARITY Act, and Friday’s options expiry. These events could amplify volatility across equities, bonds, commodities and crypto markets.

The HUMANITY meme coin’s market capitalisation on Robinhood surpassed $1.4 million on 14 September 2026, according to Odaily monitoring. The token is linked to a narrative inspired by Sam Altman’s remarks about AI serving humanity, including the phrase “Team Humanity.” The rise highlights continued trader interest in AI-themed meme coins and rapidly emerging tokens on trading platforms. However, HUMANITY remains a highly speculative asset, and its market capitalisation and price may be vulnerable to sharp reversals. Traders should monitor liquidity, trading volume, listings and social-media momentum before assessing whether the HUMANITY move can continue.

Bitcoin traded near $76,840, down 0.58% in 24 hours, as stronger-than-expected US inflation increased expectations of a 25-basis-point Federal Reserve rate hike. Bitcoin has fallen from its recent 14-day high of $81,731, while Ethereum dropped 1.69% to about $2,483. Solana fell 2.52% to $99.56, losing the key $100 level, and XRP declined 1.58% to $1.3448. Crypto liquidations reached $278.54 million over the past 24 hours, affecting 114,337 traders. Long positions accounted for $195.98 million of the total, showing that bullish traders suffered most. The largest single liquidation was a $4.46 million ETHUSDT position on Binance. The market reacted to August US CPI data, with headline inflation rising 3.4% year on year and core CPI increasing 0.3% month on month, above expectations. US spot Bitcoin ETFs recorded about $462.7 million in net outflows from 8 to 11 September, suggesting more cautious institutional positioning ahead of the FOMC decision. Bitcoin remains below its 20-day moving average, with momentum indicators turning bearish and price near the lower Bollinger Band. Key support levels are around $75,994 and $71,193, while resistance stands near $78,491 and $80,988. The Fear and Greed Index fell to 57 but remained in the greed zone. Traders are focused on the FOMC rate decision, updated projections and guidance on future inflation and monetary policy.

Former US President Donald Trump accused China of spying on the United States after a report linked Chinese satellite imagery to an Iranian attack in Jordan that killed three US service members. The allegation adds to existing US-China tensions and could complicate diplomatic engagement between Washington and Beijing. Prediction markets lowered the implied probability of Chinese President Xi Jinping visiting the US before 2027. The market for a September 24 visit fell from 92% to 87.5% YES after Trump’s comments. Traders are watching for official statements from either government, as well as any new sanctions, military actions or escalation in rhetoric. The Trump China spy claims have no direct impact on a specific cryptocurrency, but they could increase short-term macro volatility. Bitcoin and other risk assets may react if worsening US-China relations strengthen demand for the US dollar or trigger broader risk-off trading. The Trump China spy claims are therefore most relevant to crypto traders as a geopolitical risk signal and a potential catalyst for volatility in prediction markets and global markets.

Standard Chartered has initiated coverage of SKY, the token of Sky Protocol, formerly MakerDAO, and set a year-end 2028 price target of $0.325. That is roughly five times SKY’s current price of about $0.065. Analyst Geoffrey Kendrick describes Sky Protocol as the “Federal Reserve of DeFi”. USDS and DAI function as on-chain money, while Spark, Grove and Obex allocate capital across the ecosystem. USDS circulation grew 74% in 2025 to about $9.2 billion. Combined USDS and DAI supply exceeds $12 billion, while yield-bearing stablecoin sUSDS has about $5.5 billion in supply. The three agents currently borrow approximately $5.9 billion against combined limits of $17.5 billion, equal to about 34% utilisation. Sky reported around $338 million in protocol revenue in 2025 and approximately $168 million in annualised profit. The Smart Burn Engine repurchased about $96.8 million of SKY in 2025, while SKY staking yield is around 4.2%. Revenue is mainly returned through sUSDS rewards, SKY buybacks and token burns. The valuation relies on two potential growth stages. First, reserve backstop capital could rise from about $90 million to $150 million, potentially increasing the share of revenue directed to SKY rewards and buybacks. Second, agent borrowing could expand towards the $17.5 billion ceiling. If lending spreads remain stable, this could increase protocol revenue by two to three times. The outlook for SKY is bullish but assumption-driven. The Smart Burn Engine can be suspended by governance, as occurred in March 2026, and the model depends on stable interest spreads, higher agent utilisation and continued USDS growth. Traders should monitor USDS supply, agent borrowing, protocol revenue, the 3.8% base rate, sUSDS yields, reserve capital and SKY buybacks. Competition, interest-rate changes, credit risk and governance centralisation remain major risks.

The Crypto Clarity Act is heading to a procedural Senate vote on Tuesday after senators released its final draft. The vote will decide whether the bill advances to further debate, not whether it becomes law. The Crypto Clarity Act seeks to clarify regulatory jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It would also establish registration rules for certain crypto trading venues and digital-asset businesses, with potential consequences for non-decentralised crypto protocols. Market pricing indicates that traders currently view the bill’s progress as supportive of its potential enactment in 2026. However, the outcome remains uncertain. Traders will monitor comments from President Donald Trump, Senate Banking Committee Chairman Tim Scott, the White House and relevant congressional committees. A successful procedural vote could improve confidence in US crypto regulation and support sentiment across digital-asset markets. Delays, opposition or a failed vote could weaken that optimism and increase regulatory uncertainty. The Crypto Clarity Act remains an important policy catalyst for crypto traders, although Tuesday’s vote is only an early legislative step.