Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 18.

• Bitcoin Reclaims $80,000 as Fed Pause Odds Rise

  Fed Governor Waller signaled support for a rate hold, driving $416 million in short liquidations and lifting Bitcoin near $80,270.

• Sony asks court to dismiss PS5 buyer tariff refund lawsuit

  Sony filed a motion to dismiss a class action seeking a share of $508 million in tariff refunds, arguing the claim is speculative.

• Strive CEO sees path to second-largest public bitcoin holding by year end

  Strive bought 3,156 BTC in August and holds 23,156 BTC, while warrants expiring in October could unlock $1.4 billion in buying capacity.

• Kalshi seeks CFTC approval for 24/5 WTI crude oil perpetual

  The exchange plans a weekday-only trading schedule, leaving the contract closed during weekends when traditional futures markets halt.

• Standard Chartered launches institutional Bitcoin trading in the UAE

  The bank, which began digital asset custody in the UAE in 2024, says the service is the first of its kind in the country.

• Bitcoin ETFs flip direction as altcoin inflows stall

  US spot Bitcoin ETFs drew $101.2M on Sept. 2, while Ethereum, XRP, and Solana funds recorded their first outflows in weeks.

• FBI seizes Hamas crypto fundraising infrastructure

  DOJ says the operation intercepted new donations after recovering $560,000 in digital assets.

• Ledger faces $500 million class action over data breaches

  Plaintiff Douglas Kim alleges thieves used data leaked in 2020 and 2023 to steal nearly $2 million of his crypto.

• SoFi and Payward Link Banking Network With Kraken Infrastructure

  Payward joins SoFi’s real-time settlement network while SoFiUSD lists on Kraken, with SoFi using Kraken Prime for liquidity outside banking hours.

• Bitcoin-gold correlation hits six-year high amid ETF inflows

  Bitwise data shows 90-day correlation near 2020 levels, while Glassnode warns such decorrelations are historically short-lived.

• Australia sets crypto fines at 10 percent of turnover

  ASIC says more than 45 firms are seeking licenses before enforcement relief expires on September 30.

• SEC Chair Predicts Clarity Act Senate Vote This Month

  Paul Atkins says the bill establishing digital asset categories will be voted on September 15, following a slip from the August recess.

• Solana logs 5.2 billion transactions as revenue drops 87%

  Activity hit a record in August, but 21Shares calculated that first-half gross network revenue fell to $141 million.

• 21 Banks Commit to Joint US Dollar Stablecoin Venture

  Goldman Sachs, Bank of America, and Citi anchor a consortium targeting a first-half 2027 launch, following the group’s expansion from 10 to 21 institutions.

• FAMI token on Robinhood Chain is not a Robinhood stock token

  A single wallet minted the full 37,430,000 FAMI supply, kept 38% of it, and now runs a price-management contract called PoolRepricer.

• Bitcoin consolidates near $77,500 after 25% August rally

  Analysts say a break below $75,800 is required to confirm the bearish Bart Simpson pattern.

• TAC Chain Frozen 10 Days After 2.9 Billion Token Exploit

  Foundation proposes treasury bailout for sold tokens while 1.66 billion attacker-held TAC remains unresolved on BNB Chain.

• Bitcoin settles into trading range after $80K rejection

  Spot prices fell from $80K to $76K as on-chain profit holdings reached 68% and the 10-Year Treasury yield hit 4.8%.

• Hyperscale Data stock hits all-time low as Michigan site shifts to AI

  The company turned off all bitcoin miners at its Michigan facility to prepare for AI infrastructure deployment.

• Strategy CEO Defends Bitcoin Sale as Right Trade

  Phong Le says Strategy's small bitcoin sale strengthened its balance sheet, with the firm holding 845,050 coins.