🔔 CoinMENA taps Standard Chartered for UAE payment rails

❗️ The CoinMENA release said the exchange will use Standard Chartered’s banking capabilities for fiat on-ramps, off-ramps, safeguarded client money accounts and virtual account-based transaction management. The deal gives CoinMENA more structured banking support as regulated crypto firms seek smoother access to local currency flows. The company said the setup is designed to support faster funding, more efficient settlement and better transaction transparency for customers and approved counterparties.

⚠️ Standard Chartered UAE, Middle East and Pakistan CEO Rola Abu Manneh said the UAE has become “one of the world’s leading regulatory environments for digital assets.” She added that trusted banking infrastructure will remain essential as the sector matures.

🌐 CoinMENA co-founders Dina Sam’an and Talal Tabbaa said the industry’s future depends on “strong banking, regulatory, and operational foundations, not just technology.” Their statement points to a wider shift in the UAE, where crypto firms are moving closer to mainstream financial infrastructure instead of relying only on crypto-native rails.

❗️ Senate recess puts CLARITY Act’s July vote at risk

⚠️ The adjournment matters because the CLARITY Act still needs floor time. The crypto market structure bill has already reached the Senate Legislative Calendar, but leadership must still schedule debate and a vote. As cryptonews reported, the bill entered the Senate queue after clearing the Senate Banking Committee. The report noted that it still needs full Senate debate, possible amendments, and a 60-vote path before it can move forward.

📣 Senator Cynthia Lummis has said the final CLARITY Act text should be released around July 4 for public review. She said Senate leaders were working to place the bill on the July agenda after months of negotiations with lawmakers, banks, and industry groups. That plan now faces a shorter working calendar. If senators return on July 13, the chamber will have fewer days to handle the crypto bill before the longer August recess.

📊 The bill also faces open policy disputes. Law enforcement groups and anti-trafficking advocates have raised concerns over Section 604 and related oversight language. Banking groups have also questioned how the bill treats crypto rewards and bank-like services. The Senate must also align the Banking Committee work with other committee input. If the Senate changes the House-passed version, both chambers would need to settle the text before sending a final bill to the president.

🔔 Can XRP price break the stubborn $1.07 barrier after multiple June failures?

🔖 XRP has rebounded toward the stubborn $1.07 resistance after Ripple’s latest XRP Ledger lending plans and rising network activity revived buying interest, but another breakout attempt now faces a level that repeatedly rejected bulls throughout June. According to data from cryptonews, XRP climbed nearly 5% from around $1.03 to an intraday high near $1.08 on July 2 before stalling at the same resistance level that repeatedly rejected buyers throughout late June.

⚠️ On-chain activity strengthened alongside the price recovery. Daily active addresses on the XRP Ledger jumped more than 72%, while new wallet creation reached its highest level in roughly three months as investors accumulated after XRP’s June decline. Exchange balances also continued falling as coins moved into self-custody, reducing immediately available supply during the latest rally.

🔗 The 1-day chart shows XRP still trading beneath every major moving average despite the latest bounce. The 20-day moving average sits near $1.11, followed by the 50-day around $1.21, the 100-day near $1.30, and the 200-day close to $1.49. A descending trendline connecting lower highs since May continues to cap every recovery attempt, leaving the primary trend bearish until those barriers are reclaimed.

⚠️ XRP price prediction after breakout puts $1.14 and $1.18 back in focus

📊 XRP has recovered from this week’s sharp sell-off after defending the $1.07 support zone, with traders weighing an emerging bullish chart breakout against persistent geopolitical and regulatory risks that continue to cap upside. According to data from crypto news, XRP price was trading near $1.09 at press time after rebounding from Tuesday’s low of around $1.07, though it remained below the July 4 peak near $1.18. Adding to the recovery narrative, analyst Gerla believes XRP has completed a notable technical milestone.

🔖 While the short-term bounce has attracted fresh buyers, institutional sentiment has yet to fully recover. Spot XRP exchange-traded funds recorded roughly $7.29 million in net outflows on July 8, the largest single-day withdrawal since March.

➡️ The daily chart shows XRP stabilizing just above its 20-day simple moving average near $1.05 after briefly slipping below the psychologically important $1.10 level. Although price remains beneath the 50-day, 100-day, and 200-day moving averages clustered between $1.17 and $1.46, the 20-day average has flattened, while Chaikin Money Flow has climbed back above zero, suggesting capital has started returning after several weeks of distribution.

❗️ Strategy stopped buying Bitcoin. The flywheel runs backward

📊 Four weeks without adding a coin, two of them spent selling, a $1.25 billion sale authorization on file, and stock sales now funding a cash pile instead of Bitcoin. The most influential machine in crypto has shifted into reverse, and the entire treasury sector is watching its own future run at MicroStrategy speed.

⭐️ For five years, the most reliable event in crypto was not the halving or the Fed meeting. It was Michael Saylor’s Sunday night chart. The orange dots, the coy caption, the Monday 8-K, another tranche of Bitcoin added to the largest corporate stack on earth: 108 purchases, 843,775 coins, a ritual so dependable that traders built indicators around it and dozens of companies built entire business models by imitation.

🔗 The ritual has stopped. Strategy has now gone four consecutive weeks without adding a single Bitcoin, its longest fallow stretch in two years, and the composition of those weeks is the story: two of them were spent selling, 3,588 BTC liquidated for roughly $216 million to pay preferred dividends, under a standing authorization to sell up to $1.25 billion more. The company is still raising hundreds of millions weekly through stock sales, and the money now flows to a $3.2 billion cash reserve instead of coins.

⚠️ Hyperliquid, Multicoin back CFTC prediction market rules

➡️ The Hyperliquid Policy Center and Multicoin Capital have filed a joint comment supporting the Commodity Futures Trading Commission’s proposed prediction-market framework. The groups said written federal standards would help operators design event contracts and reduce policy swings between administrations. The CFTC proposed amendments to Regulation 40.11 in June after an earlier consultation. Its three-step test would ask whether a product is an event contract, whether it involves a listed activity and whether trading would conflict with the public interest.

📣 The plan does not ban every contract connected to those subjects. The CFTC would review products case by case during a process lasting up to 90 days. Chairman Michael Selig called it a “durable, transparent framework,” although the Commission may change the text before adopting a final rule.

🔖 Hyperliquid Policy Center and Multicoin said “clear rules beat guesswork.” They argued that standards written into regulations would offer more certainty than policies based mainly on staff interpretation. Their filing presents an industry position and does not resolve current legal disputes.

🔖 Ondo Finance weighs a $500 million acquisition as tokenized securities cross $36 billion

➡️ The largest tokenized securities platform cleared its SEC probe, secured FINRA authorization, and put BlackRock’s IVV onchain. Now it is shopping for a target worth up to half a billion dollars while the market it helped build outgrows it.

📣 Ondo Finance spent the first half of 2026 clearing every regulatory hurdle that has historically killed tokenization platforms. It closed an SEC investigation without charges. It secured FINRA authorization for tokenized equities. It put BlackRock’s flagship ETF onchain under a framework the SEC itself endorsed. And now, with $2.5 billion in assets under management and a market that has tripled in eighteen months, it is looking to spend up to half a billion dollars on an acquisition that would transform it from a tokenization protocol into something closer to a financial conglomerate.

❗️ The acquisition report, first published by CoinDesk on July 30, described Ondo as exploring targets in wealthtech and adjacent sectors valued between $250 million and $500 million. The company’s response was carefully calibrated: “We are not in conversations with any party at this time.” The denial did not say the exploration was not happening. It said no specific target had been engaged. The ONDO token rose approximately 6% on the news, a move that valued the company’s circulating supply at roughly $1.5 billion.

🔔 BitMEX spent two years seeking buyer before shutdown

❗️ BitMEX reportedly spent two years seeking a buyer before deciding to close the crypto derivatives exchange, as founder control, declining activity and legal baggage deterred potential acquirers. BitMEX explored a sale with several potential acquirers over approximately two years but failed to secure an agreement, CoinDesk reported, citing a person familiar with the private discussions.

⚠️ According to CoinDesk’s source, the structure concerned at least one prospective buyer and made negotiations more difficult. Acquirers often reserve part of a transaction’s consideration for current managers, giving executives an incentive to remain with the business after a takeover.

⭐️ BitMEX was said to be seeking a valuation of approximately $1 billion. However, it remains unclear whether any interested company submitted a formal bid. The reported sale attempt ended without a deal before BitMEX’s parent company, HDR Global Trading, completed a strategic review and approved the exchange’s closure.

➡️ GnosisDAO approves Gnosis Chain’s move to Ethereum L2

🔖 GnosisDAO approved GIP 153 on Aug. 19, authorizing Gnosis Chain to transition from a standalone layer one network into a ZK proven Ethereum Economic Zone rollup. The final vote recorded 123,158 GNO in favor, 115 GNO against and 151 GNO abstaining across 54 voters, according to a Gnosis Chain announcement. Total participation reached 123,425 GNO, well above the required quorum of 75,000 GNO.

📣 The decision gives Gnosis developers a mandate to begin designing the change. It does not immediately convert the chain into a layer two network. The initial version is scheduled around the end of 2026 or beginning of 2027, subject to the required technology being ready. Gnosis Chain currently operates its own proof of stake consensus system and validator set. Following the transition, the network will publish proofs and settle transactions on Ethereum, relying on Ethereum validators for settlement security.

‼️ GIP 153 described the current model as difficult to sustain because fee revenue covers only a small part of the chain’s security costs. According to the proposal’s authors, Gnosis issuance dilutes people who do not stake by approximately 2.3% annually, while the DAO also supports infrastructure and liquidity incentives. Those assessments come from the proposal’s authors and should not be treated as independent financial findings. However, the vote establishes that GNO holders accepted the strategic direction and authorized work on a different security model.

⚠️ Binance founders used ‘The Simpsons’ codenames, former employees share

📣 Former Binance employees say CZ and Yi He used Homer and Marge Simpson codenames in internal communications. According to former employees familiar with the practice, the pair followed the company’s long-running association with the colour yellow by adopting the names of television’s most famous yellow couple — Homer and Marge Simpson.

📊 The choice was particularly fitting given that CZ and Yi are not only Binance co-founders but also long-time romantic partners. Their personal relationship was kept largely out of the public eye for years, despite the pair working together closely as they built Binance into the world’s largest cryptocurrency exchange.

⚠️ Yellow has long been one of the defining colours associated with Binance, appearing prominently throughout its branding and visual communications. Against that backdrop, The Simpsons — perhaps the world’s most instantly recognisable yellow family — provided an obvious source of inspiration for an informal internal naming convention. According to the former employees, the connection was understood internally, turning Homer and Marge into playful alter egos for the company’s two co-founders.

📊 Bitcoin adds $4.6B as onchain liquidity rebounds

🔖 Bitcoin’s realized capitalization increased by more than $4.6 billion during the week ending Aug. 30, according to CryptoQuant contributor Darkfost. The increase accompanied BTC’s sharp recovery from around $63,000 earlier in August to above $80,000. Darkfost described the increase as the strongest short-term realized-cap movement since the current bear market began. However, the analyst warned that the 30-day average growth rate remained just 0.4%, meaning the data does not yet confirm a sustained liquidity expansion.

➡️ Realized capitalization values each Bitcoin at the price recorded when it last moved onchain. This differs from standard market capitalization, which values the entire circulating supply at the latest market price. When older coins move at higher prices, realized cap generally increases. Analysts often interpret that change as capital entering the market because coins are transferring to buyers with higher cost bases.

✨ The latest $4.6 billion increase followed an extended period of declining or weak realized-cap growth. Darkfost said the reversal suggests incoming liquidity helped support Bitcoin’s recent price advance. The analyst nevertheless stopped short of identifying the move as a confirmed market regime change. “This move still needs confirmation,” Darkfost said, pointing to the modest 30-day growth rate.

➡️ Ethereum price targets $2,550 if key EMA holds

❗️ Ethereum price fell below $2,400 on Sept. 2 as renewed fighting between the United States and Iran pushed oil and Treasury yields higher, weakening demand for risk assets. According to data from cryptonews, Ethereum price traded near $2,372 at the time of writing, down about 1.9% on the day after reaching an intraday low of $2,356. The latest decline extended a pullback from the Aug. 27–28 highs near $2,510.

📊 ETH has now lost about 5.5% from the upper end of that range. Sellers also pushed the token through the $2,400 psychological level, which had limited several declines during the previous two weeks. The 4-hour chart shows that Ethereum formed a series of lower highs after its final attempt to regain $2,500 on Aug. 31. Selling accelerated on Sept. 2, with the latest 4-hour candle opening near $2,418 before falling as low as $2,356.

🌐 The decline has not erased Ethereum’s broader August recovery. ETH remains above the daily 20-day simple moving average at $2,299, as well as its 50-day, 100-day, and 200-day averages at approximately $2,054, $1,903, and $2,030, respectively.

➡️ Boyaa Interactive adds 205 Bitcoin, taking total holdings to 4,316 BTC

📣 Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Boyaa Interactive International Limited said in a Sept. 4 Hong Kong Stock Exchange announcement that the purchases were completed through a series of open-market transactions between June 24 and Sept. 4. The company spent HK$110 million, equivalent to approximately $14.3 million, using idle cash reserves generated from its business operations.

🌐 Following the transactions, Boyaa holds around 4,316 Bitcoin at an average purchase cost of $68,280 per BTC. The purchases were carried out through regulated and licensed trading platforms, with prices based on prevailing bids and asks in the open market.

⚠️ The latest acquisition was not conducted under the shareholder approval granted at Boyaa’s annual general meeting on June 18 for a separate major Bitcoin transaction. Since applicable percentage ratios for the new purchases exceeded 5% but remained below 25%, the deal was classified as a discloseable transaction under Hong Kong listing rules.

⚠️ Ripple targets $13T treasury market with RLUSD

📌 Ripple has identified corporate treasury clients handling roughly $13 trillion annually as a potential distribution channel for its $2.4 billion RLUSD stablecoin. The $13 trillion figure describes annual transactions touching Ripple Treasury’s customer base. It is not an RLUSD volume forecast, revenue projection or commitment from those customers to use the stablecoin.

🌐 Ripple entered corporate treasury management through its $1 billion acquisition of GTreasury in October 2025. The business now operates as Ripple Treasury and serves approximately 1,200 corporate treasurers and chief financial officers. According to McDonald, companies using the platform move money domestically, across borders and between their subsidiaries. “That customer base hadn’t been onchain,” he said. “They touch roughly 13 trillion dollars worth of transactions on an annual basis.”

⭐️ Ripple has not disclosed how much of that activity could move into RLUSD. The figure defines the existing transaction base served by the treasury platform, leaving any stablecoin conversion as a company target instead of confirmed future volume. “So that opportunity set is just massive,” McDonald said. His assessment represents Ripple’s commercial view and does not show that Ripple Treasury clients have agreed to replace bank deposits, wire transfers or other payment methods.

📌 Kevin O’Leary buys crypto again as he eyes next blockchain adoption wave

❗️ Kevin O’Leary has returned to buying new cryptocurrency positions for the next market cycle while watching for a major stock exchange to adopt blockchain infrastructure, a development he expects could influence which network gains institutional traction. His investment approach is focused less on picking individual crypto assets in isolation and more on determining which underlying network could become a standard for a major industry. Conversations with executives have yet to produce a clear answer, he said, because companies across different sectors are considering different blockchains.

⚠️ O’Leary said he can speak directly with chief executives about the networks their companies are evaluating, but “none of them are saying the same thing.” A major stock exchange could provide one of the clearest signals, according to O’Leary, who described the first exchange to adopt a blockchain as a potential “watershed moment” for the crypto industry.

🔔 Once an exchange settles on a network, companies and financial institutions that interact with the venue could have an incentive to work with infrastructure that meets the same technical and compliance requirements. O’Leary presented that scenario as one possible route through which a particular blockchain could gain wider use.

➡️ Ripple’s Schwartz compares Glock case to SEC fight

⚠️ Ripple CTO Emeritus David Schwartz has compared a new Connecticut firearms lawsuit with Ripple’s former SEC battle, arguing that both disputes raise questions about businesses determining whether their conduct complies with unclear regulatory standards. Schwartz said on Sept. 23 that the situation described in the Glock litigation appeared “grossly unfair,” after attorney Kostas Moros drew attention to Glock’s claim that Connecticut officials had not clearly told the manufacturer whether redesigned pistols comply with a law taking effect Oct. 1. Schwartz added: “Ask me how I know.”

📊 His comparison refers to Ripple’s years-long dispute with the U.S. Securities and Exchange Commission, but the Connecticut case does not involve cryptocurrency, securities law or the SEC. No court has found that Connecticut officials used the same legal strategy as the federal securities regulator; Schwartz’s comments describe his personal interpretation of the two disputes.

⚠️ Glock filed Glock, Inc. v. Griffin et al. in the U.S. District Court for the District of Connecticut on Sept. 21, naming Chief State’s Attorney Patrick Griffin and state prosecutors responsible for enforcing the law. The company brought the case under 42 U.S.C. § 1983 and challenged Connecticut’s new restrictions on “convertible pistols.” The manufacturer has asked the court for emergency relief before the statute becomes effective. Judge Kari A. Dooley ordered Glock to serve the complaint and injunction papers by noon Sept. 24, gave defendants until 5 p.m. Sept. 28 to respond, and scheduled a hearing for 9:30 a.m. Sept. 29 in Bridgeport.

⚠️ Tether and Shiga plan self-custodial wallets for Africa and the GCC

🌐 Tether and Shiga have announced plans to bring self-custodial wallets for USD₮, Bitcoin, and Tether Gold to individuals and institutions across Africa and the Gulf Cooperation Council. Under the new plan, ENTA will serve individuals, high-net-worth users and businesses. Tether said customers will be able to add funds using local currency, U.S. dollars, or Bitcoin, then hold and transfer USD₮, Bitcoin and XAU₮ from self-custodial wallets.

🔔 The funding options and the assets held in the wallet serve different roles. A customer adding local currency, for example, would use it to fund access to the supported digital assets; the announcement does not say that ENTA will hold local currency as a wallet asset. Tether also did not give a launch date, list the countries where ENTA will first be available, or set out the fees customers would pay.

⭐️ Tether chief executive Paolo Ardoino said WDK would let companies build products in which users retain control of their assets. “Together with Shiga, we are bringing that infrastructure to markets where people and businesses face real challenges protecting savings and moving money across borders,” Ardoino said.