🗞 Catch up on the last 24 hours of news!

🔥 xStocks is launching on Ethereum with 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta, and Walmart.

🚨 Ray Dalio says crypto is now an alternative currency with a capped supply. If the dollar money supply grows or demand falls, crypto could become a compelling alternative.

🇺🇸 ETF FLOWS: About $332.8M of BTC bought and $135.3M of ETH sold on Sept. 2.

⚡️ Ethereum validator entry queue hits a 2-year high, with over 860k ETH (~$3.7B) waiting to stake.

⚡️ Digital health company CIMG Inc buys 500 Bitcoin, ranking #60 on the Bitcoin 100 list, per Bitcoin Treasuries.

🔥 Galaxy Digital begins tokenizing SEC-registered $GLXY shares on Solana via Superstate’s Opening Bell.

🇺🇸 The Federal Reserve will host a Payments Innovation Conference on October 21, covering DeFi, stablecoins, AI, and tokenization.

🇺🇸 Trump said tariffs could potentially replace income tax in the future.

🔥 Anthropic’s valuation tripled to $183B after a $13B funding round.

🇺🇸 SEC’s Crypto Task Force met with Robinhood to discuss crypto regulation and tokenized securities.

🇺🇸 Markets see a 97.6% chance of a Fed rate cut.

🇺🇸 ERIC TRUMP: “I believe in Bitcoin…I see its adoption all over the world and how much it’s being embraced globally and the floodgates are just starting to open.”

🇺🇸 US Bancorp relaunches institutional Bitcoin custody service after a 3-year pause, partnering with NYDIG as sub-custodian, per Reuters.

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🔥 BULLISH: Bitmine adds another 14,665 ETH worth $65.3 million, bringing its total holdings to 1,881,639 ETH, valued at about $8.4 billion.

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🚨 Today, a dormant wallet that has been inactive for 12.8 years just woke up, moving 0.25 BTC worth about $28K.

The wallet still holds 479.44 BTC, valued at about $53.56 million.

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📊 UPDATE: Ethereum on-exchange supply has fallen to a three-year low of 17.4 million ETH as spot ETFs and corporate treasuries soak up supply.

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🇺🇸 ETF FLOWS: Roughly $300.5M worth of BTC purchased and $38.2M worth of ETH sold on Sept. 3. Read more: ct.com. News | Markets | YouTube

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🚨 Just in: Ripple expands access to its $RLUSD stablecoin for African institutions through partnerships with Chipper Cash, VALR, and Yellow Card.

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⚡️ NEW: Firms plow 22% of profits back into Bitcoin, River reports.

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🇺🇦 LATEST: Ukraine's parliament passes the crypto legalization and taxation bill in its first reading, with 246 votes, proposing an 18% income tax and a 5% military tax on profits from digital assets.

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⚡️ UPDATE: Coinbase CEO Brian Armstrong says AI now generates roughly 40% of the exchange's daily code, aiming to surpass 50% by October.

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🇺🇸 NEW: A framework has been submitted to the SEC’s Crypto Assets Task Force to safeguard digital assets against quantum threats.

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🔥 LATEST: Ethereum's validator queue surges to a two-year high, with more than 860,000 ETH (~$3.7B) waiting to be staked.

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⚡️ Paolo Ardoino: We won’t have a truly stable society until Bitcoin becomes the world’s primary currency.

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⚡ Update: Wintermute urges the SEC to clarify that network tokens such as BTC and ETH should not be classified as securities.

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🔥 BREAKING: SEC Chair Paul S. Atkins says clarifying crypto rules is a priority on the Spring 2025 agenda, alongside deregulatory reforms.

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🚨 BREAKING: Nasdaq plans to tighten oversight of firms raising funds to hoard crypto, aiming to curb stock-price boosts, per The Information.

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🔥 Today, Backpack EU launches as one of Europe’s first exchanges to offer regulated perpetual futures.

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🔥 BULLISH: Saylor's Strategy buys 1,955 BTC for about $217.4M at $111,196 each, now holds 638,460 BTC.

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🔥 UPDATE: South Africa’s Altvest Capital aims to raise $210 million to buy BTC, and will rebrand as “Africa Bitcoin Corp.”

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🐋 NEW: Bitcoin whales dumped 115,000 BTC, worth about $12.7 billion, last month—the largest sell-off since mid-2022. The move signals heightened risk aversion among big investors, according to CryptoQuant.

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⚡️ UPDATE: The Crypto Fear & Greed Index has risen to 51, moving from 'Fear' last week to 'Neutral' today.

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🚨 Update: The odds of a September rate cut have surged to 100%.

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