Today's Crypto and Bitcoin News

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2026/09/03

Fed's Waller Says September Rate Decision Depends on August Inflation Data

CoinDesk reports:Federal Reserve Governor Christopher Waller stated that the recent downward trend in inflation is encouraging, but whether to continue raising rates at the September meeting will depend on the August inflation data. If price pressures continue to ease, he favors maintaining the curr

SEC to Decide on Confidentiality and Review Speed for Novel ETFs

ChainCatcher report: The U.S. Securities and Exchange Commission (SEC) has publicly released its responses to comments on “Novel ETFs,” which may hold crypto assets or employ unconventional strategies. Disagreements center on whether filing documents should remain public before the funds begin tradi

SEC Considers ETF Filing Confidentiality and Review Speed Amid Industry Disputes

Odaily Planet Daily report: The U.S. Securities and Exchange Commission (SEC) has publicly released its responses to comments on "Novel ETFs," which may hold crypto assets or employ unconventional strategies. Disagreements center on whether filing documents should remain public before the funds begi

Bitcoin Miner Repurposes Site for $1.2 Billion AI Deal

Hyperscale Data has shut down its Bitcoin mining operations in Michigan and repurposed the site toward an AI data-center contract expected to be worth approximately $1.2 billion, cementing one of the clearest examples yet of a bitcoin miner AI deal where GPU compute demand outbids proof-of-work econ

ProCap Financial Sells 50 BTC to Repurchase Shares at 40% NAV Discount

ProCap Financial just sold 50 Bitcoin to buy back more than 2% of its outstanding shares at roughly a 40% discount to net asset value. The company now holds approximately 5,305 BTC, making it one of the larger publicly traded Bitcoin treasury firms on the Nasdaq.When a company’s stock trades at a 40

Polymarket Launches Perpetual Futures on Oil, Competing with Kalshi

Polymarket, the platform best known for letting people bet on everything from presidential elections to weather patterns, just made a sharp left turn into traditional finance territory. Its new Perps platform, which went live on September 3, offers perpetual futures contracts on assets ranging from

Netflix's 'The Altruists' to dramatize FTX scandal in 2026 series

The collapse of FTX, which vaporized $8 billion in customer funds and sent its founder to prison for 25 years, is getting the prestige TV treatment. Netflix’s The Altruists premieres November 19, 2026, an eight-episode limited series that traces the rise and implosion of the crypto exchange through

Michigan Issues Preliminary Injunction Against Kalshi Prediction Market

Michigan has escalated its efforts to rein in Kalshi, a prediction markets platform, by securing a preliminary injunction that blocks the company from offering event contracts to residents. The state’s attorney general said the order is meant to stop what officials described as “sports betting” oper

Tether Reports $1.3B Q2 Profit, Excess Reserves Reach $5.2B

Tether reported $1.3 billion in Q2 net operating profit in its latest BDO attestation statement, while excess reserves rose to $5.2 billion above full USDT backing.The figures keep Tether at the center of the stablecoin market’s profitability and reserve debate. USDT remains the largest dollar stabl

Polymarket Launches 20x Leverage Perpetual Contracts for Crypto, Commodities, and Indices

CoinDesk reports:Polymarket has expanded its business from event prediction contracts to perpetual contracts. The new service is currently available to international users who are legally permitted to use the product, with an initial launch of 10 markets covering crypto assets, precious metals, crud

Bitcoin and gold correlation reaches six-year high amid dollar weakness

ChainCatcher report: Bitwise’s latest report shows that the correlation between Bitcoin and gold has reached a six-year high. André Dragosch, Bitwise’s Head of European Research, noted that the last time this level of correlation occurred was in 2020, during the multiple rounds of fiscal and monetar

Japanese Company Sells Ethereum, Solana, XRP, and Dogecoin to Focus on $121M Bitcoin Holdings

Remixpoint sold all of its Ethereum, Solana, XRP, and Dogecoin holdings, leaving Bitcoin as its only cryptocurrency asset.The Japanese company generated ¥878.8 million, or about $5.5 million, from the Sept. 1 sales and booked a net gain of about ¥117.8 million, or roughly $737,000, according to a re

Bitcoin ETF Sees Net Inflow as ETH and XRP ETFs Turn Negative

CoinDesk reports:U.S. spot crypto ETF fund flows diverged on Wednesday. Spot Bitcoin ETFs resumed net inflows, while spot Ethereum and XRP ETFs turned simultaneously to net outflows, indicating that institutional funds are temporarily favoring the more liquid Bitcoin products.ETH and XRP end consecu

Solana Payment Channels Process 1 Million Payments Per Second in Test

TL;DRSolana payment channels processed more than 1 million payments per second during a test involving 100,000 unique wallets. The system lets agents authorize a spending limit once, process multiple payments offchain, and settle the final amount in a single onchain transaction. The architecture is

Meta Reduces Muse Spark Pricing in Exchange for User Data

CoinDesk reports:Meta has introduced a lower-cost usage plan for its newly launched Muse Spark model. Users who agree to share their prompts and model outputs for future model training can reduce their average invocation costs by approximately 95% compared to the standard plan. This turns the questi

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