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2026/09/04

Bitcoin Drops Below $80,000 as U.S. Jobs Data Surpasses Expectations

CoinDesk reports:After the U.S. August employment data significantly exceeded expectations, the market quickly tightened expectations for monetary easing. Bitcoin, which had reached a four-month high earlier on Friday, reversed course and fell back below $80,000, while gold and U.S. stocks also felt

OpenReserve Granted Preliminary Approval for a Full-Service National Bank in Utah

ChainCatcher report: OpenReserve, a native blockchain fintech startup, has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a full-service national bank in Salt Lake City, Utah. The approval process took less than five months, with

Coatue Invests $10.7 Billion in Chip Infrastructure, Bets on Semiconductor Supply Chain for AI

While most AI investors chase the next foundation model or chatbot wrapper, Coatue Management has been quietly building a $10.7 billion position in the companies that actually make chips possible. The Philippe Laffont-led hedge fund now has more than a quarter of its entire portfolio parked in semic

Polymarket Predicts a Sharp Drop in More Than 8.5 Games in the First Set of the US Open Match

ME News reports that on September 5 (UTC+8), according to Catcher Predict, the probability for the "Over" option in the Polymarket sub-market for "Total Games in First Set: Alexander Bublik vs. Tommy Paul" at the US Open experienced a sharp fluctuation, dropping from 80.5% one hour ago to 50% curren

Hargreaves Lansdown Launches Bitcoin ETNs for 2 Million Clients, But Tax-Free Window Closed

Hargreaves Lansdown now sells Bitcoin (BTC) to about 2 million clients. However, it arrives five months too late, given that the tax break its savers wanted was closed in April.Buy Bitcoin through a rival last winter, and the profit is tax-free for life. Buy the same thing at HL today and the taxman

US Labor Force Participation Rate Rises to 61.6% in August

The US labor market offered a small but meaningful reprieve in August, with the labor force participation rate ticking up to 61.6% from 61.4% in July. That July reading had marked a five-year low, so any upward movement was welcome news for economists watching the slow erosion of workforce engagemen

OpenReserve Granted Conditional Approval to Establish a Full-Service National Bank in Utah

Odaily Planet Daily reports that blockchain-native fintech startup OpenReserve received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) on September 2 to establish a full-service national bank in Salt Lake City, Utah. The approval process took less than

XRP Rich List Thresholds Drop, Top 10% Requires Just 2,151 XRP

The XRP rich list has shifted again, and the thresholds for entering each tier are lower than many holders assume. Reportedly, according to updated ledger data, here’s what it now takes to rank:Top 10% — 2,151 XRPTop 5% — 7,503 XRPTop 3% — 14,061 XRPTop 2% — 21,902 XRPTop 1% — 44,896 XRPTop 0.5% — 8

FATCOIN Market Cap Exceeds $40M, Rises Over 300% in 24 Hours

BlockBeats report, September 5: According to GMGN market data, FATCOIN's market cap briefly surpassed $40 million, setting a new high, and is currently trading at $35.34 million, up more than 300% in a single day.FATCOIN is issued on the o1 platform and paired with tokenized U.S. stocks of Eli Lilly

U.S. Stocks Mixed as Strong Jobs Report Revives Fed Rate Hike Expectations

U.S. stocks traded mixed Friday morning as a surprisingly strong August employment report pushed Treasury yields higher and revived expectations that the Federal Reserve could raise interest rates this month.At about 10:10 a.m. Eastern time, the S&P 500 was near 7,741, down roughly 0.1%, while t...

Cornell Study: Exempting Small Bitcoin Transactions from Capital Gains Tax Could Increase U.S. Revenue by $859 Million Over 10 Years

ME News reports that on September 5 (UTC+8), Bitcoin News posted on X that a new analysis by the Cornell Tech Policy Institute estimates that exempting capital gains taxes on small digital asset purchases could generate approximately $859 million in additional revenue for the U.S. federal government

Uniswap Co-Founder Criticizes AMC CEO’s Approach to Stock Tokenization

ME News reports that on September 5 (UTC+8), Uniswap co-founder Hayden Adams joined the debate between AMC’s CEO and Robinhood regarding the legalization of stock tokens. Hayden Adams stated that the AMC CEO had never heard of tokenized stocks before and is attempting to overreach, as stock tokeniza

Krafton to Invest $250 Million in India’s AI and Robotics Sector

CoinMarketCap reports:South Korean gaming company Krafton is expanding its operations in India beyond gaming into AI, robotics, and deep tech. The company announced that it will invest an additional $250 million in India over the next three to four years, bringing its total planned investment in the

Strategy Sells 6,916 BTC, Later Buys 4,603 BTC Amid Treasury Shift

Strategy’s Bitcoin treasury is starting to behave very differently from the accumulation machine that made Michael Saylor one of Bitcoin’s most recognizable corporate advocates.The company sold roughly 6,916 BTC through the summer, using Bitcoin as a source of liquidity for preferred-stock dividends

Ambient Launches Layer 1 Blockchain for Decentralized AI Inference

Ambient has built a Layer 1 blockchain where the “work” in proof-of-work is replaced by verified AI inference. Instead of hashing, miners process AI queries submitted through an onchain auction system. The network has already served over 134 billion tokens through a public API.How Proof of Logits ac

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