ALGO/ETH.KuCoin (ALGOETH.KUC)
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ALGO/ETH.KuCoin (ALGOETH.KUC) News
Algorand Names Former Chainlink Executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization's push into institutional finance and quantum-resistant security.
From Millions in Debt to Riches: Did Biden’s Son Turn Things Around by Launching a Cryptocurrency?
On the evening of September 7, The Wall Street Journal reported that Hunter Biden, son of former U.S. President Joe Biden, will launch a meme coin named LAPTOP on Coinbase's Base network on September 9. The total supply will be 1 billion tokens, with 20% allocated for an airdrop. A portion is explicitly designated for users who incurred losses on the TRUMP token issued by Trump, while another share of the tokens is linked to prediction markets for events such as "whether Trump will be impeached." Four minutes after the report was released, Hunter himself posted on X.
Crypto projects set a record with $638 million in token buybacks this year.
According to ChainCatcher, citing the Financial Times, data from blockchain analytics firm Allium Labs shows that crypto projects have spent nearly $640 million on token buybacks year-to-date, totaling $638 million. This figure exceeds the $545 million recorded during the same period last year, while the full-year total for 2024 stood at only $366,000. Perpetual futures exchange Hyperliquid and meme coin launchpad pump.fun together accounted for nearly 90% of the total buyback volume. Allium Labs’ Head of Research
Express News | Banco do Brasil Expands Crypto Services as Regulatory Framework Takes Shape
On September 8, Brazilian banks were expanding their crypto-asset services for clients. According to a report by Folha de S.Paulo, Itaú, Brazil’s largest asset management bank, now offers 15 crypto-assets—including Bitcoin, Ethereum, and the US dollar stablecoin USDC—through its investment app. Nubank, Brazil’s largest fintech company, lists 28 crypto-assets. Banco do Brasil, the country’s most profitable state-owned bank, has recorded transaction volumes exceeding 11 million reais (approximately $2.1 million) since launching direct purchase services for Bitcoin and Ethereum in January of this year. However, customer crypto transactions are not reflected on the banks’ balance sheets. A March 2026 document from the Central Bank shows that Brazilian banks hold zero virtual assets on their books. Over the past year, Itaú, Bradesco, Santander, Banco do Brasil, and Nubank have all expanded their crypto product lines, coinciding with record growth in the size of Brazil’s crypto market. According to data from the Brazilian Federal Revenue Service (Receita Federal), Brazilians transferred 505.5 billion reais (approximately $98.7 billion) via cryptocurrencies in 2025, more than five times the 2020 level, with corporate transactions accounting for 98.3% of the total. This move by banks aligns with the implementation of new regulations. Brazil enacted the Legal Framework for Virtual Assets in 2022, granting regulatory authority over the sector to the Central Bank. Three resolutions issued in November 2025 require any institution allowing customers to trade, hold, or send cryptocurrencies to obtain a license, meet minimum capital requirements, and segregate customer accounts. The compliance deadline is October 30, 2026.
Deconstructing Hunter Biden’s $LAPTOP Token Launch: On-Chain Political Revenge Against Trump and Liquidity Extraction
For on-chain traders, political maneuvering is merely a facade; the real battle lies in the high-stakes gameplay. Author: Gemini, Shenchao TechFlow. On September 7, 2026, Hunter Biden, son of former U.S. President Joe Biden, posted a video on X confirming that his personal meme coin, $LAPTOP, would officially launch on the Base chain on September 9. If you dismiss this as yet another tedious celebrity token issuance, you are severely underestimating the mischievous intent behind it. According to the currently disclosed tokenomics, this is not just a rehash of the past "laptop scandal"
Analysis: Bitcoin’s hard-asset characteristics may surpass those of gold, offering greater “immunity” to bond market volatility
PANews, September 8 – According to CoinDesk, gold and Bitcoin have recently strengthened in tandem as market concerns over the fiscal health of developed economies intensify. To date, the 90-day correlation coefficient between the daily returns of BTC and gold has risen to 0.59, the highest level since 2020. However, compared with gold, Bitcoin appears more “immune” to volatility in the bond market. Data show that the 90-day correlation coefficient between BTC and the yield on US 10-year Treasury notes is only -0.17, suggesting that the negative impact of rising US Treasury yields on Bitcoin is relatively limited; during the same period, gold and the 10-year US Treasury
Express News | Son of former U.S. President Biden plans to launch meme coin LAPTOP
According to The Wall Street Journal, Hunter Biden, son of former U.S. President Joe Biden, will launch a meme coin named LAPTOP, referencing the laptop controversy. It is scheduled to go live on Coinbase’s Base network on September 9. The project’s founding team, including Hunter Biden, will hold 30% of the total token supply (1 billion tokens), which will be locked for six months and fully unlocked over two years. An additional 20% of the tokens will be airdropped in two batches to users who previously incurred losses on the Trump meme coin TRUMP, Hunter Biden’s Substack subscribers and their friends, and users on the mailing list maintained by video journalist Andrew Callaghan. The remaining 20% will be allocated for charitable donations, liquidity provision, distribution to exchange partners and market makers, and covering the accounting, legal, administrative, and compliance costs of the token foundation. Reportedly, the founding team has also established a burn mechanism tied to 30 predefined events. If these events achieve predetermined outcomes within specified timeframes (such as the Democratic Party winning the 2028 presidential election, Bitcoin reaching a new all-time high, or LAPTOP’s fully diluted valuation surpassing that of TRUMP), up to 30% of the token supply may be burned; if not achieved, the tokens will be donated to charity proportionally. The report notes that Hunter Biden has recently frequently appeared on podcasts and news programs and written Substack articles discussing his views on cryptocurrency, including commenting on the dispute between the Trump family’s crypto project World Liberty Financial and Justin Sun.
The Debate on Blockchain Business Models: Tenant or Landlord?
Free does not necessarily mean beneficial.
Express News | Bitwise: Bitcoin’s correlation with gold rises to highest level since 2020, while correlation with U.S. equities falls to one-year low
André Dragosch, Head of European Research at Bitwise, stated in a post that the 90-day rolling correlation between Bitcoin and gold has risen to its highest level since 2020, while its correlation with the Nasdaq-100 Index has dropped to a one-year low. Meanwhile, Bitcoin continues to exhibit a significant negative correlation with the U.S. Dollar Index. In August, U.S. long-term Treasury yields rose, prompting Treasury Secretary Bessent to intervene in the market by expanding long-term Treasury repurchase operations. Subsequently, Bitcoin surged 22.4% in a single week, marking its largest weekly gain since March 2024; gold rose approximately 5% over the same period, while equities declined. The last time Bitcoin’s correlation with gold reached similar highs was following the implementation of fiscal and monetary stimulus by governments during the pandemic in 2020. Although Bitcoin and gold remain distinct assets, investors are increasingly inclined to hold both as hedges amid rising macroeconomic pressures and currency devaluation risks, with Bitcoin recently behaving more like gold with amplified volatility. If this correlation trend persists, Bitcoin may enter larger capital pools dominated by central banks, sovereign entities, and asset allocators, facing potential repricing.
Bitcoin’s Golden Lineage Awakens: This Could Mark the Start of the Largest Bull Market in BTC History
What we are witnessing now is likely just the beginning of a major bull market.
August Surge: Capital is paying an "additional premium" for leading crypto treasury companies
Capital is assigning an additional capital market premium to certain DATs. This premium comprises beta exposure from rising token prices, amplification through financing leverage, enhanced returns from staking, and the speculative potential of ecosystem narratives.
Bitcoin Is Outperforming Stocks and Correlating With Gold Just When It Matters Most: Crypto Daybook
Bitcoin (BTC) is outperforming gold, the Nasdaq 100 index, the S&P 500 and other major asset classes just when it matters most.
The 3 Catalysts That Could Define Bitcoin's Next Move: Crypto Daybook
Bitcoin's next move depends on three important macro events lined up for the rest of the week.
Bitcoin's Surging Price Faces 1 Key Level That Could Signal If the Bear Market Is Really Over: Crypto Daybook
Bitcoin has surged by 25% to $80,000 in a week. Still, one bastion needs to fall before the bulls can claim victory.
The Great Divide in Crypto Markets: Wall Street on One Side, a Casino on the Other—Which Side Are You Betting On?
If you still habitually treat the "crypto market" as a monolithic entity, you are likely mistaken from the outset. The cryptocurrency sector today is no longer in its nascent era, characterized by the phenomenon where "when Bitcoin rises, altcoins surge in tandem." Bitcoin is now allocated by institutions as a macro asset, Real-World Assets (RWA) are arbitraging yields from traditional finance, and meme coins continue to gamble on attention economies. Although these assets all fall under the "crypto" umbrella, their funding sources, pricing logic, and operational mechanics are now worlds apart. To put it plainly: the crypto world has fragmented into several parallel universes. I. Why the term "crypto market" is becoming increasingly inaccurate
US Treasury yields ease, altering Bitcoin pricing dynamics
During this round of BTC's rally, the most critical factor to watch may not be the crypto industry, but rather long-term U.S. Treasury bonds. On August 18, the yield on the 30-year U.S. Treasury note briefly rose to 5.33%, reaching its highest level since 2007. The following day, the U.S. Treasury Department announced it would double the size of certain long-term Treasury buyback operations, increasing them from $2 billion per operation to at least $4 billion, covering Treasury securities with maturities ranging from 10 to 30 years. Following the announcement, the yield on the 30-year U.S. Treasury note fell by nearly 10 basis points, the U.S. dollar weakened, while gold and global risk assets strengthened in tandem.
Galaxy Digital: SEC Unveils Token Offering Regulatory Framework – Is the Era of Compliant ICO 2.0 Arriving?
On August 18, the U.S. Securities and Exchange Commission (SEC) released the draft "Regulation on Crypto-Asset Oversight" (Reg Crypto). This marks the first set of securities regulations in the United States specifically formulated for the issuance and sale of crypto-assets.
Bitcoin Faces $80,000 Test as Thinner Weekend Liquidity Looms: Crypto Daybook
Bitcoin (BTC) heads into Friday's U.S. session having hit its highest level since May as the U.S. Treasury's bond-buyback plan continues to fuel appetite for risk.
Is the U.S. banking sector softening its stance? ABA Chairman argues for strengthening, not vetoing, the CLARITY Act
Rob Nichols, President and CEO of the American Bankers Association (ABA), stated in a post that the association seeks to strengthen the CLARITY Act rather than veto it.
Express News | Artificial Bull Market? Crypto Executives Convene for First Meeting of U.S. CFTC Technology Advisory Committee
The cryptocurrency sector has seen a three-day rebound, with Bitcoin briefly surpassing $75,000 this morning before stabilizing near the $74,500 mark. Following a series of favorable remarks by U.S. President Trump regarding the crypto industry on Wednesday, the U.S. Commodity Futures Trading Commission (CFTC) held its first Innovation Advisory Committee meeting on Thursday, chaired by CFTC Chairman Michael S. Selig and others. The attendee list featured numerous founders and executives from the cryptocurrency sector, including Coinbase CEO Brian Armstrong, Uniswap Labs CEO Hayden Adams, Polymarket CEO Shayne Coplan, Ripple CEO Brad Garlinghouse, a16z crypto Managing Partner Chris Dixon, Multicoin Capital Co-founder Tushar Jain, Kalshi Co-founder Luana Lopes Lara, Chainlink Labs CEO Sergey Nazarov, Gemini CEO Tyler Winklevoss, Kraken Co-CEO Arjun Sethi, Robinhood CEO Vlad Tenev, Solana Labs CEO Anatoly Yakovenko, as well as representatives from Anchorage Digital, Grayscale, OKX, Consensys, and other firms. Executives from traditional financial institutions and exchanges, such as CME Group, Cboe, Nasdaq, and ICE, also attended. The meeting focused on topics including the evolution of crypto regulation, artificial intelligence, and prediction markets. The CFTC Innovation Advisory Committee (IAC) was officially established on January 12, 2026. On that day, CFTC Chairman Michael S. Selig announced the launch of the committee, which was renamed from the former "Technology Advisory Committee," to advise the commission on innovative issues such as fintech, crypto assets, and artificial intelligence.