Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 17.

• SEC Custody Rule Rewrite Enters White House Review

  The SEC's proposed amendments to custody rules for advisers and investment companies are listed at the OIRA proposed-rule stage.

• Revolut begins EURR rollout in three European markets

  Bridge Building holds the MiCA issuance license while Revolut distributes the token to its existing user base.

• Fidelity Says Bitcoin Could Hit New Low in November

  A Fidelity report notes Bitcoin is near $81,639 but warns another bottom may form later this year.

• Utah bans VPN use in age checks under SB 73

  SB 73 makes physical presence in Utah the trigger for age checks, with fines of $2,500 per violation.

• Bitcoin-Gold Correlation Reaches Six-Year High

  Bitwise reports the correlation has hit its highest level in six years, coinciding with Bitcoin trading near $81,438.

• Hyperscale Data halts Bitcoin mining for AI contract

  The Michigan data center shutdown paves the way for a 20-year AI deal potentially worth over $1.2 billion, per Decrypt reporting.

• Remixpoint sells altcoins to leave Bitcoin-only treasury

  The Japanese firm sold ETH, SOL, XRP, and DOGE on Sept. 1, booking a ¥117.8 million net gain.

• Crypto Terminals Settle $1B in Volume

  GMGN accounted for nearly half of the $1.03 billion total on September 2, with 90.7% of its trades settling on Robinhood Chain.

• Robinhood Chain gas fees spike 82-fold in 11 days

  Users paid $4.45 million on Sept. 2, topping every other chain, while Robinhood covers wallet swap fees until Sept. 29.

• Polymarket Opens Public Perps Trading With 20x Leverage

  The prediction market listed 67 perpetual futures contracts on stocks, crypto, and commodities on Thursday.

• Coinbase files with SEC to list 24/7 equity perpetuals

  The exchange seeks approval to trade equity perps around the clock, a product it has offered offshore since March.

• Hill targets September vote on Clarity Act

  House Financial Services Chairman French Hill says the Senate vote on the CLARITY Act is scheduled for September 15.

• Crypto market cap recovers to $2.82 trillion led by Zcash

  Bitcoin surpassed $80,000 on ETF inflows while Strategy and Circle shares jumped 15% and Coinbase rose 10%.

• Solana SGP-0003 Fee Reform Fails With 53.90% Approval

  SGP-0003 received 142.844 million SOL in favor, but abstentions counted toward the two-thirds threshold required for passage.

• Revolut receives conditional OCC approval to form US national bank

  The fintech secured preliminary approval from the Office of the Comptroller of the Currency to offer banking products directly to US customers.

• Bitcoin ETFs Rebound as Ethereum and XRP End Inflow Streaks

  Bitcoin ETFs drew $101 million on Wednesday, reversing Tuesday’s record outflows, while Ethereum and XRP funds saw net withdrawals.

• Curve DAO approves yRisk as risk provider for crvUSD

  Curve veCRV holders voted to fund yRisk, the two-person team behind a Resupply exploit, in a mandate closing September 2.

• Hyperliquid Strategies raises equity facility to $2.5 billion

  The Nasdaq-listed company expanded its committed facility with Chardan Capital Markets from $1 billion to $2.5 billion, with roughly $763.7 million already raised.

• Two Thai Men Sue Tether Over $42M Freeze

  A lawsuit alleges Tether blacklisted 10 Ethereum addresses three months before a seizure warrant was issued.

• Revolut US bank application pending amid crypto charter rush

  Revolut seeks full FDIC-insured national bank status while competitors obtain narrower trust charters.