Ripple Swell adds former RBI governor Raghuram Rajan

Ripple has added former Reserve Bank of India Governor Raghuram Rajan to the opening program for Swell 2026, its annual conference focused on payments, digital assets and financial infrastructure.  The company announced on Sept. 4 that Rajan will participate in the Institutional Summit on Oct. 27. The invitation-only gathering will open Swell week before the wider conference program runs through Oct. 29.  Swell 2026 will take place at The Shed in New York City. Ripple is combining Swell with its developer-focused XRPL Apex conference for the first time, bringing institutional finance and XRP Ledger development into one event.  Ripple has not disclosed Rajans discussion topic, session time or appearance format. The event website lists him as a speaker but does not indicate whether he will deliver a keynote, join a panel or participate in a moderated discussion.  Swell week starts October 27 with the Institutional Summit.  Joining us: Raghuram Rajan, former governor of the Reserve Bank of India, professor of finance at Chicago Booth, and co-leader of the Federal Reserves Balance Sheet Policy task force.  Request an invitation:…  — Swell (@RippleSwell) September 4, 2026  Ripple Swell begins with an institutional summit  The Institutional Summit is scheduled for Oct. 27 and requires prospective attendees to request an invitation. Ripple is

09-06انڈسٹری

Orionx Halts Operations After Audit Uncovers $7M Financial Hole

Key TakeawaysOrionx halted withdrawals and is shutting down after a forensic audit revealed a $7M financial shortfall.Orionx filed criminal complaints against its founders for allegedly losing user funds in speculative trading.Regulators revealed Orionx operated illegally, leaving over 100,000 users with no guarantee of full refunds.  Orionx Halts Customer Withdrawals Amidst $7 Million Fund Deficit  Chile, which had discussed adopting bitcoin as a reserve asset since 2025, is facing what might be the biggest crypto crisis in its history.  Orionx, a Chile-based exchange founded in 2017 with a registered user base of over 100,000 customers that benefited from crypto‘s popularity among young users, is winding down operations after discovering a multi-million-dollar hole in its finances. On its site, the company states the decision follows a forensic audit that detected a series of transactions moving over $7 million to wallets outside the company’s control.  The exchange claims that the audit determined that “two of Orionxs founding partners, Joaquín Díaz and Roberto Zibert—along with other former employees of the company—were allegedly aware of and involved in one or more transactions that gave rise to the asset-liability mismatch.”  In addition, Orionx reported these occurrences to the national Public Prosecutors Office to embark on a probe to clarify these movements,

09-06انڈسٹری

Bitcoins Link to Gold Hits a 6-Year High as Tech Correlation Fades: Why It Matters

Bitcoin has frequently been criticized for behaving more like a leveraged tech stock rather than ‘digital gold,’ but this hasnt been the case lately.  The correlation between the leading cryptocurrency and the largest financial asset, gold, has climbed to its highest level since the 2020 pandemic, while its relationship with the Nasdaq has weakened significantly.  The shift comes as concerns about debt, deficits, and currency debasement return to the spotlight after the latest developments in the US.  Closer to Gold  The change started to occur following the mid-August rally, which was propelled by the US Treasury Departments announcement that it would at least double the maximum size of liquidity-support buybacks for longer-dated government debt, going from $2 billion to $4 billion per operation.  BTC rocketed from under $65,000 to over $80,000 within days, while the bullion went from $4,350/oz to $4,700/oz before it was rejected.  The analysts at the Kobeissi Letter argued that BTC‘s increasing correlation with the precious metal accelerated following the Treasury’s move, with investors increasingly treating both as protection against currency debasement, even though gold has lost a major chunk of its gains.  Grayscales Head of Research, Zach Pandl, supported this narrative, noting recently that the bitcoin-gold correlation has climbed from near zero at

09-06انڈسٹری

Fed Rate Hike Could Hit XRP Hard: ChatGPT Reveals How Low Ripple's Price Could Go

XRP‘s case is even more interesting than bitcoin’s, it said.  The monetary landscape in the United States changed in the past week or so, first after the hawkish stance taken by the current Federal Reserve Chairman, Kevin Warsh, and then following last Fridays strong US jobs report.  As such, the expectations have changed, with investors and experts pricing in a potential rate hike for the next FOMC meeting scheduled to take place on September 15-16. After answering how this could impact BTC, we turned our focus to XRP, whose case was described as “arguably more interesting than bitcoins,” by ChatGPT.  What Happens to XRP Then?  With the current odds on prediction markets at well over 50% for a rate hike in September, the warning signs for risk-on assets are fully flashing. This was felt on Friday briefly after the jobs report, with BTC dropping by $3,000 and XRP slumping from $1.45 to under $1.40, where it found support.  ChatGPT estimated that the cross-border token is likely to react “more violently to a Fed hike” even though it has two cushions: strong ETF demand and the CLARITY Act process. The initial reaction to a 25 bps increase on September 16 would be a 4%-8% decline, the

09-06انڈسٹری

Machi Big Brother Sent FRIEND Up 1,500%. Then Ditched $1M Deal

Crypto investor Machi Big Brother has pulled his $1 million bid for Friend.tech and named venture firm Paradigm as the likely obstacle.  Instead, he urged co-founder Racer to relaunch the Web3 social app on Robinhood Chain. The reversal comes nine days after his original offer, sending FRIEND up more than 1,500%.  FRIEND Token Price Chart. Source: CoinGeckoMachi Big Brother Friend.tech Bid Collapses After 9 Days  Machi Big Brother, whose real name is Jeffrey Huang, opened the bid on Aug. 27. His $1 million buyout offer asked only for the projects X account and web address.  Friend.tech launched on Base in 2023, allowing users to trade shares with each other. Paradigm led a seed round into the startup that same year.  However, Huang offered no evidence and framed the claim as a guess. He also has a history here. He bought 11 million FRIEND for roughly 5,200 ETH, and the position later shed over $16 million.  The original team gave up control of the smart contracts in September 2024. Therefore, it remains unclear what a buyer would own.  The FRIEND token price now sits near $0.0069, up roughly 5% in the past 24 hours. Its market value of about $659,000 trails the $4.89 million peak from the August

09-06انڈسٹری

CZ Says These 7 Crypto Investments from YZi Labs Will Perform Best

Changpeng Zhao expects the bets YZi Labs made over the past few months to become its best performers. The Binance founder credits the timing, because the firm invested while crypto prices sat near their lows.  His optimism is directly tied to the deployment of his private billions. In fact, YZi Labs is the family office that manages his personal wealth.  Why CZ Thinks His Firms Timing Works  His comment sat on top of a summary of an August 28 book club session in Hong Kong. Zhao told the audience that money rushing into artificial intelligence (AI) is filtering out short-term crypto teams.  He has also argued that AI money rotating back into digital assets is already underway.  I strongly believe the YziLabs investments over the last few months will be some of the best performing because those investments were done during the depth of the crypto winter.  — CZ ???? BNB (@cz_binance) September 4, 2026  The winter framing has support. Bitcoin had fallen 47% from its peak by early June, a slide that fueled a coldest crypto winter debate. Prices have since clawed back ground, yet they remain far under the October high.  What YZi Labs Has Backed This Year  YZi Labs runs more than $10 billion for Zhao

09-06انڈسٹری

Grayscale: Robinhood Chain, BNB, Solana Lead $3B Weekly Stock Trade

Key TakeawaysWeekly tokenized equity trading volume peaked near $3 billion.Onchain tokenized stock value locked surpassed $110 million.Lending and collateral use remain small but are expanding rapidly.  Tokenized Equity Trading Reaches New High  Tokenized equity trading climbed to new highs in August as blockchain-based stocks attracted activity across several major networks. Grayscale Head of Research Zach Pandl said weekly spot volume peaked near $3 billion early in the month, while Robinhood Chain, BNB Chain, and Solana accounted for most volume during the final week covered by the firms Sept. 3 analysis.  The growth remains concentrated in trading rather than broader financial activity. Grayscale said only about 5% of the tokenized equity market is deployed in onchain finance, although total value locked has surpassed $110 million. The crypto asset manager further stated:  “Tokenized equities are scaling first as a global trading product. A growing capital base and possible US regulatory experimentation could support their transition from access to financial utility.”  The asset manager identified Jupiter and Kamino as Solana lending venues, while Uniswap, Pancakeswap, and Raydium provide trading infrastructure.  Onchain use of tokenized equities is small but growing quickly. Source: Allium, Grayscale Investments. Data as of Aug. 27, 2026.Three Networks Dominate Tokenized Stock Trading  Robinhood Chain has become a

09-06انڈسٹری

Useless Coin rallies 300%, hits 10 month high – Can bulls hold?

On Friday, the 4th of September, Useless Coin [USELESS] reached a high of $0.286. This represented a 10-month high for the memecoin, which has been in a bearish slump since October 2025, much like most of the crypto market.  AMBCrypto reported that USELESS added 5,000 new holders, which showed adoption and can help boost demand even more.  Aggressive spot buying activity and high derivatives trading activity helped sustain the recent moves momentum. The token had rallied 300% in a week, from $0.06 to $0.265.  In the past 24 hours, Useless Coin was down by 12.1%, with a 20% decline in Open Interest. The overextended bullish market conditions were being met with pushback, and the memecoin could be entering a pullback phase.  How deep can the USELESS price retracement go?  Source: USELESS/USDT on TradingView  The CMF on the daily timeframe was at +0.36, the highest in the recorded data on Kraken, per TradingView. The OBV has been trending higher since March and has made another strong leg higher in recent weeks.  Buying pressure was intense; the indicators agreed. So was the momentum, which might already be overextended.  With memecoins and parabolic rallies, trying to time the top could be incredibly risky. Holders can instead opt to take profits and

09-06انڈسٹری

Banksy, Star Wars and JPMorgan Meet in a $1 Billion Museum

Mellody Hobson opens the Lucas Museum of Narrative Art in Los Angeles on September 22 with her husband. The privately funded project cost roughly $1 billion.  Hobson co-chairs the museums board. She co-runs Ariel Investments and holds a seat on the JPMorgan Chase board, where she also serves on the risk committee.  Discover more  Brokerages & Day Trading  Stocks & Bonds  News  The Wall Street Half of the Museum Sits on JPMorgans Board  Hobson joined the JPMorgan board in 2018. She has served as co-CEO of Ariel Investments since 2019, after serving as president from 2000. Meanwhile, the bank she helps oversee has turned into one of the loudest institutional voices in digital assets.  JPMorgans blockchain unit, Kinexys, has processed more than $3 trillion since its inception. It now averages over $5 billion in daily volume. This year, the bank opened its JPM Coin deposit token, JPMD, to institutional clients on Base, the Ethereum layer-2 network built by Coinbase.  South Korea‘s KB Kookmin Bank said in July it would start routing dollar trade payments over JPMorgan’s Kinexys network in August. As a result, the risk committee Hobson sits on covers a lender that already settles billions onchain. Strategy meanwhile ranked JPMorgan behind Fidelity in its Bitcoin banking index.  The Lucas

09-06انڈسٹری

Bitwise CIO Calls Bitcoin and Zcash Assets to Own for the Next Decade

Key TakeawaysHougan recently told investors to own bitcoin for debasement, Zcash for privacy and tokenization plays.Zcash crossed $1,000 the same day, and Grayscales ZCSH ETF has grown to $414.7 million since Aug. 25.Hougan has argued since December that bitcoin will break its four-year cycle and set new highs in 2026.  Three Stories, One Portfolio  Matt Hougan isnt typically one to pick individual assets, as the Bitwise chief investment officer spends most of his airtime on structure, be it exchange-traded funds (ETFs), financial advisors, or regulation. However, in a recent interview, he decided to name names. His list:Bitcoin for currency debasementZcash for privacyA decade-long tokenization super cycle spanning ETH, SOL, UNI “and more.”  Bitcoin, the Debasement Hedge  Hougans thesis is the oldest one in crypto, i.e., governments borrow, currencies weaken, hard assets win. He laid out the debasement narrative again as one of five structural shifts behind his bull case, alongside regulatory progress, stablecoin growth, tokenization, and revenue-generating tokens. “The crazy thing about 2026 is how easy it is to be bullish,” he wrote, and a Bitwise model of sovereign debt dynamics sketched an illustrative bitcoin fair value of $224,000.  He has also gone on record saying the four-year cycle is dead, and last December he

09-06انڈسٹری
1
...
326328
...
1000