Crypto news today
SHIB rebounds 1.88% to $0.0000050 after CLARITY Act failure
Why it matters: A bounce without volume confirmation: memecoins remain under pressure from uncertainty after the CLARITY Act failure.
CBO: US budget deficit hits $1.8 trillion over 10 months, full-year forecast $2.1 trillion
Why it matters: Rising deficits and debt weigh on long-term rates, intensifying competition for capital with Bitcoin and risk assets.
NEAR jumps 19.8% to $2.81 on volume double the average
Why it matters: The rally against a hawkish Fed and the CLARITY Act's failure points to buyer strength, but overbought conditions raise the risk of a correction.
Lido completes first validator consolidation: 8.4 million ETH to move into CMv2
Why it matters: Improved staking efficiency at the largest protocol could boost ETH inflows into staking and affect the asset's supply.
140,000 ETH worth $350 million withdrawn from exchanges in 96 hours
Why it matters: Lower exchange supply of ETH combined with rising demand could add upward pressure on the price.
Whales accumulate 5,195 ETH worth $12.9 million, but institutions sell via ETFs
Why it matters: ETH's rise above $2,500 depends on a reversal in institutional demand, as ETF outflows currently outweigh whale buying.
Zcash hits $1,385 while Monero falls below $500 as ZCSH ETF drives the gap
Why it matters: Demand for privacy coins is shifting toward Zcash because of access to regulated ETFs, widening its gap with Monero.
Sber prepares crypto custody and ruble exchange in its app
Why it matters: Legal retail access to crypto in Russia is approaching, but depends on the Central Bank's secondary regulations and the launch of Moscow Exchange trading.
Venice and Near gains tied to private AI demand, not a rotation into AI tokens
Why it matters: The gains in VVV and NEAR reflect demand for privacy rather than a turnaround in the entire AI sector, so investors should distinguish between the narratives.
Litecoin rebounds 2.9% to $52.63 and holds the SMA-200
Why it matters: The rebound without volume confirmation points to a technical recovery rather than a trend change.
France's Council of State refuses to suspend DAC8 crypto reporting decree
Why it matters: France will continue collecting crypto users' data for tax authorities despite a rise in physical attacks on crypto holders.
SparkLend: USDS loans top $800 million, a new all-time high
Why it matters: Rising demand for USDS loans at a managed rate shows the Sky ecosystem's growing role in DeFi lending.
DBS: dollar unlikely to enter sustained rally after Fed rate hike
Why it matters: A weak dollar usually supports bitcoin and risk assets, so DBS's forecast matters for crypto market expectations.
Canton (CC) rises 10.38% to $0.1018 after CLARITY Act failure
Why it matters: The rebound on volume points to speculative demand, but the trend remains downward — sustainability depends on U.S. regulatory news.
Coinbase, Circle and Robinhood shares fall after first Fed hike under Warsh
Why it matters: The gap between bitcoin and crypto stocks shows that Fed tightening hits operating companies harder than the asset itself.
ECB's Rehn: war energy shock has not caused second-round inflation effects
Why it matters: A possible ECB shift from easing to hiking would increase pressure on risk assets, including crypto.
Gate: Robinhood Chain market turnover reaches $30 million in a day
Why it matters: Rising turnover in Robinhood Chain memecoins shows the ecosystem is attracting speculative capital and expanding liquidity on CEXs.
CoinShares: prediction market volume rose to $43.7B per month
Why it matters: Prediction markets are becoming a notable source of activity for Solana and Hyperliquid, but so far they barely convert into protocol revenue.
Zilliqa to hold second hard fork on September 22 for exchange ZIL migration
Why it matters: The migration affects ZIL deposits and withdrawals on major exchanges, so temporary suspensions of operations are possible.
Henley & Partners: only 290 people hold crypto assets worth over $100M
Why it matters: The data shows crypto wealth is highly concentrated, and bitcoin remains the main asset for large holders.