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2026/09/04

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

Bitcoin Short-Term Holders Shift to Profit-Taking as BTC Surges to $77K

A week is a long time in Bitcoin. On August 17, just 26.1% of Bitcoin’s short-term holder supply was sitting in profit. By August 24, that number had nearly tripled to 74.9%, according to CryptoQuant data. The catalyst: a roughly $14,000 price swing that took BTC from approximately $63,000 to $77,00

Bitcoin-Gold Correlation Hits Six-Year High Amid Debasement Fears

The correlation between Bitcoin and gold has surged to its highest level in six years, reflecting mounting concerns over currency debasement. This development, reported by Zero Hedge, highlights a significant move in financial markets as both assets are seen as hedges against declining fiat currency

US and China to Hold AI Safety Dialogue in Mid-September 2026

The United States and China are preparing to sit down for their first dedicated AI safety dialogue since Donald Trump began his second term, with talks scheduled for mid-September 2026. The meeting, announced on September 4, signals a rare patch of cooperative ground between two countries that agree

Cornell Tech Policy Institute: Exempting Small Bitcoin Transactions from Capital Gains Tax Could Boost U.S. Revenue by $859 Million Over 10 Years

ChainCatcher reports that 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 over the next 10 y

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

Odaily Planet Daily reports that Bitcoin News posted on X that a new analysis by the Cornell Tech Policy Institute estimates that exempting capital gains tax on small digital asset purchases could increase U.S. federal government revenue by approximately $859 million over the next decade. Senator Cy

Gimlet Labs Raises $300M at a $3B Valuation, Led by a16z

ChainCatcher report: AI infrastructure startup Gimlet Labs has raised $300 million, raising its valuation to $3 billion. This round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, the venture fund under Microsoft. Gimlet Labs primarily helps clients allocate AI w

AI infrastructure firm Gimlet Labs raises $300 million in Series C funding

Odaily Planet Daily report: AI infrastructure startup Gimlet Labs has announced a $300 million funding round, raising its valuation to $3 billion. The round was led by Andreessen Horowitz (a16z), with participation from Arm Holdings and M12, the venture fund under Microsoft.Gimlet Labs primarily hel

Ether.fi's CASH Product Surpasses $800M in Total Spend by September 2026

Ether.fi’s CASH card, a Visa-linked product that lets users spend directly from their crypto vaults, has crossed $800 million in cumulative spend as of early September 2026. The kicker: roughly $600 million of that total was racked up this year.The numbers behind the surgeQ1 2026 alone saw $170 mill

Bitcoin Surges 24% in August, Hits $78,000–$79,000 Range

Bitcoin closed August with a roughly 24% gain, landing between $78,000 and $79,000 after spending the early part of the month languishing near $62,000 to $64,000. The rally briefly pushed BTC above $81,000, making it the cryptocurrency’s strongest August since 2017 and its best monthly performance s

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