Expectations of a rate hike have never missed the 40% threshold; the Federal Reserve’s September rate hike may emerge as the “least bad option”.
The surge in non-farm payroll data has pushed the probability of a Federal Reserve rate hike in September to 60%, leaving Governor Warsh in a dilemma between "disappointing the market" and "disappointing Trump." Shenwan Hongyuan warns that since 2015, expectations of a rate hike exceeding 40% have never failed to materialize, and heightened market expectations for a rate hike are unlikely to subside significantly following the release of CPI data. If the Fed makes an exception this time, the term premium could suffer a backlash. However, if the rate hike proceeds without a substantial upward revision to the future path, the impact may be much milder than market expectations suggest.
Express News | Ripple’s Chief Legal Officer lobbies senators to advance the CLARITY Act for a vote on September 15
On September 9, Ripple’s Chief Legal Officer Stuart Alderoty lobbied senators to secure passage of the CLARITY Act in the procedural vote scheduled for September 15. Data from Ripple indicates that the United States has 67 million cryptocurrency holders, with the related industry providing 232,000 jobs and generating $55 billion in economic activity. The CLARITY Act aims to establish a federal regulatory framework for digital assets, assigning oversight of the spot market for digital commodities to the CFTC. The bill requires at least 60 votes to initiate formal debate. (Bitcoin.com)
Live Updates: XRP Funds Stand Out Among U.S. ETFs as Bitcoin, Ether, Solana Funds See Outflows
XRP ETFs took nearly $2 million on Tuesday while bitcoin, ether, solana and hyperliquid funds all lost money. Grayscale's products account for the entire outflow in both bitcoin and ether.
XRP, Bitcoin Have Moved in 'Near-Perfect Lockstep'—Here's What Could Change Soon
XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) have mirrored each other since their peaks last week, but an upcoming XRP Ledger amendment could give XRP its first major chance to break away.What Does
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1052 ET - Privacy coin Zcash set a new all-time high
Ripple BatchV1_1 Vote Stalls as XRP Trades at $1.41
Global Forex and Fixed Income Roundup: Market Talk
The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day. 1052 ET - Privacy coin Zcash set a new all-time high over the long weekend,
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.
Bitcoin Pressured as Risk Appetite Wavers -- Market Talk
1004 ET - Risk appetite across markets is being tested as Houthi attacks in Saudi Arabia boost crude oil prices and challenge hopes that the conflict can end soon. Instead, the continued fighting
Ripple CEO Says 'We Need Clarity for the Whole Industry' as XRP Price Eyes $1.40 Breakout
Bitcoin Slips Under $79,000, Zcash Leads Losses as Fed Hike Odds Hold Near 60%
Every major token fell on Tuesday, though most keep weekly gains, with traders pricing a 60% chance of a Fed hike next week.
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 | Cryptocurrency trading volume in the Middle East and North Africa reached $350 billion, a threefold increase from 2022.
On September 8, the latest report from the Bitcoin Policy Institute showed that annual blockchain transaction volume in the Middle East and North Africa region is projected to reach $350 billion in 2025–2026, driven by tensions involving Iran. This figure is more than triple the approximately $100 billion recorded in 2022. The report notes that while regional conflicts typically accelerate capital flight, the dynamics surrounding Iran are distinct: an increasing share of capital is shifting toward digital assets, underscoring the growing role of cryptocurrencies—particularly Bitcoin—as a hedge against economic and geopolitical uncertainty. According to the report, Bitcoin initially declined in tandem with other risk assets following the outbreak of conflict. However, investors subsequently rotated from higher-risk cryptocurrencies into Bitcoin, pushing its market dominance to a one-month high of 64.8%. In countries such as Egypt, Turkey, Lebanon, and Iran, where currency depreciation has been significant, residents are increasingly using Bitcoin and USD-pegged stablecoins to preserve value. Meanwhile, Gulf states such as the United Arab Emirates and Bahrain are attracting crypto firms and institutional investors by establishing regulatory frameworks. Data from Chainalysis further reveals that approximately $10.3 million flowed out of Iranian crypto exchanges between February 28 and March 2 this year, following U.S. and Israeli airstrikes. The report concludes that in nations facing sanctions, conflict, or monetary instability, cryptocurrencies have become tools for preserving and transferring value outside the traditional financial system, while regulated Gulf markets continue to attract institutional capital.
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.
XRP Price Defends Structure at 200 Day EMA: Is $2 Next?
Bitcoin Holds Near $76,612 After BTC Spot ETFs Take In $731 Million in a Day; XRP ETF Inflows Drop 83%
New York Fed Analyzes Global Dollar Reserves: Dollar Share Declines, but 'De-dollarization' Narrative Is Overstated
According to research by the Federal Reserve Bank of New York, the decline in the U.S. dollar's share of foreign exchange reserves does not reflect a broad-based shift away from the currency, but rather the actions of a limited number of reserve managers.