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Robinhood Chain Daily Fees and Revenue Both Clear $4 Million
Robinhood Chain is seeing parabolic growth over the past week. It is currently the leading fee-generating chain in crypto and only second to Solana when it comes to chain revenue. On September 2, the network collected $4.45 million in chain fees and kept $4.01 million of that as revenue, according to data from DefiLlama. This...Cryptopolitan
Thu, Sep 3
Top Altcoins Price Prediction: Ripple, Cardano, Solana – Bulls defend key support levels
Ripple (XRP), Cardano (ADA), and Solana (SOL) show mild gains on Thursday, holding at crucial support levels amid easing bullish momentum. The technical outlook for XRP, ADA, and SOL indicates downside risk as the US-Iran war weighs on the broader crypto market.
Solana V1 transactions hit testnet, aiming to fold multi-step operations into one
On September 1, Anza initiated Transaction V1 on the testnet of Solana, allowing for the final rehearsal of this upgrade prior to its launch on September 9. The change is intended to allow cryptographic and DeFi workloads that had initially to be fragmented in different transactions to now be processed in one single atomic transaction,...Cryptopolitan
Thu, Sep 3
Ripple and Stellar outlook: XRP defends key support, XLM awaits breakout as derivatives strengthen
Ripple (XRP) and Stellar (XLM) show divergent technical outlooks as traders assess whether the recent weakness could give way to a recovery. XRP is finding support and defining a key support zone, while XLM slips below a cluster of Exponential Moving Averages (EMAs).Fxstreet
Thu, Sep 3
Crypto Overview: Bitcoin holds steady, resonates with Gold – ARB, PYTH extend gains
Bitcoin (BTC) price hovers above $77,000 on Thursday, losing bullish momentum as its correlation with Gold has risen to nearly 50% over the last 90 days. Arbitrum (ARB) and Pyth Network (PYTH) recorded double-digit gains over the last 24 hours, emerging as top performers.
Fxstreet
Thu, Sep 3
Fed Beige Book puts data centers at center of US growth
Investment in AI has become an anchor for the world’s biggest economy, a trend which has now been noted by the Fed in its own evaluation of local economic activity. According to the Beige Book published on September 2, the Fed reported that U.S. economic activity showed only slight uptick in activity until the end...Cryptopolitan
Thu, Sep 3
FBI seizes Hamas crypto pipeline instead of chasing donations one by one
Instead of attempting to pursue the money, agents of the US Federal Bureau of Investigation (FBI) broke into the fundraising mechanism itself. Via their own informants, the bureau’s Albuquerque Field Office tracked down the servers, domains, and rotating crypto addresses through which donations were solicited for Hamas, thus being able to take control of parts...Cryptopolitan
Thu, Sep 3
Bitcoin holds $63K and $86K range as profit-taking risk builds
Bitcoin's (BTC) recovery faces growing resistance as the market trades between a major accumulation zone below current prices and a dense concentration of potential supply overhead, according to a Glassnode report published Wednesday.Fxstreet
Thu, Sep 3
Coinbase enlists ex-xAI CFO Armstrong on its board
Coinbase has named Anthony Armstrong, the previous finance chief at Elon Musk’s xAI and X, to its board of directors as competition in the cryptocurrency industry starts shifting from trading volume to control of the technologies behind 24/7 markets. Now it is much more important to be able to provide the liquidity, settlement, custody, and...Cryptopolitan
Wed, Sep 2
US in support of OpenAI’s fair-use claim and warns of AI licensing oligopoly
The US Justice Department told a Manhattan federal court Tuesday that OpenAI’s use of copyrighted writing at the training stage should be protected by fair use, a position that could reshape the economics of the global AI industry as worldwide investment is set to exceed $1 trillion this year. In the statement of interest it...Cryptopolitan
Wed, Sep 2
EU vows to unload sanctions on Russia after Germany airport probe
Russian envoys have been summoned by the European Union (EU) foreign ministers just one day after Germany accused Moscow of being behind the August 4 explosive-laden drone attack on Leipzig/Halle airport. The foreign ministers are also reportedly drafting fresh sanctions. Meeting in Wicklow, Ireland, the bloc’s foreign policy chief, Kaja Kallas, told reporters the incident...Cryptopolitan
Wed, Sep 2
New Jersey drags Supreme Court into prediction market regulation clash
New Jersey has petitioned the US Supreme Court to allow states to classify prediction markets like Kalshi and Polymarket as gambling. The fight has been going on for two years now, and it’s getting to the Justices of the Supreme Court for the first time. The petition came in on Wednesday, and a ruling by...Cryptopolitan
Wed, Sep 2
Berkshire's Abel calls Alphabet a 'significant player' in $37.8B AI bet
Berkshire Hathaway’s new CEO, Greg Abel, has given some rare insight into why the firm now counts Alphabet (NASDAQ: GOOG) as its third-largest stock holding. CEO Greg Abel said Berkshire Hathaway is going all-in because it believes the tech giant will benefit from the AI boom through the Google stock itself and the electricity its...Cryptopolitan
Wed, Sep 2
AI startup Wonderful doubles valuation to $5 billion in latest funding round
Wonderful, an Israeli-Dutch enterprise AI startup, closed a $550 million Series C funding round on September 2 at a $5 billion valuation, more than double the $2 billion it was worth when it raised its Series B in March. Capital seems to be flowing quickly to startups that are selling the plumbing for large companies...Cryptopolitan
Wed, Sep 2
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