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9/26
19:38
Fidelity Macro Chief Jurrien Timmer Backs Bitcoin $300,000 Target by 2029 with Power Law Math
Fidelity's Jurrien Timmer stated that Bitcoin has completed its local bearish trend and is ready for long-term growth, with his latest technical report modeling a new bull market targeting $300,000 by 2029. Timmer supports this ambitious target with a Power Law model, noting that Bitcoin's defense of the critical $60,000 support level fully confirms the model's strength and opens the way to new all-time highs. The market's short-term trigger is a test of resistance in the $82,000–$86,000 range, with a decisive move above $82,500 expected to push the price toward the psychological $100,000 mark. The model evaluates Bitcoin using logarithmic linear progression and a 52-week Z-score of its ratio to gold, suggesting current price fluctuations are regular cycles. Fidelity reminds investors of the asset's high volatility and the importance of diversification.
19:24
Iranian President Pezeshkian stated he no longer trusts negotiations with Washington and presented a new proposal to end the war.
Iranian President Pezeshkian stated in an interview aired on Saturday that Iran no longer trusts negotiations with the United States due to the recurring attacks and sanctions that have followed previous talks, Al Jazeera reported. He noted that Qatar and Pakistan are relaying Tehran's messages to Washington. Iran has put forward a new proposal to end the war, demanding that the U.S. lift its naval blockade on Iranian ports, exempt Iranian oil sales from sanctions, unfreeze approximately $12 billion in Iranian assets, and adhere to regional ceasefires, including in Lebanon and Yemen. In return, Iran would reopen the Strait of Hormuz. Pezeshkian denied that Iran had blocked the Strait of Hormuz, calling it a "natural response" to the U.S. "cutting off shipping lanes," and emphasized that the crisis could be resolved through negotiation, not force. He also linked sanctions against Iran to Israel's actions in Gaza, stating that "those who deprive Iranians of medicine and raw materials are the same people who cut off food and water to Gaza."
19:17
An early Aave whale sold 30,000 AAVE ($4.41M) at an average price of $147 over the past 2 days
19:07
CryptoSlate Analysis: UK Cash Hoarding Indicates Persistent Global Demand for Permissionless Money
CryptoSlate analysis indicates that despite the increasing popularity of digital payments, cash holdings in the UK continue to grow, reflecting a demand for financial security and payment independence. The analysis, citing Bank of England data, states that while the share of cash payments decreased from 58% to 8% between 2009 and 2025, the value of banknotes in circulation increased from £50 billion to £99 billion, with £94 billion held by the public. The article suggests that cash provides immediate payment capability in emergencies such as bank app failures, payment disruptions, or power outages. This "permissionless" characteristic aligns with the philosophy of cryptocurrencies. Furthermore, global physical gold demand grew by 16% to 1,374 tonnes in 2025, reaching a new high since 2013, which also confirms people's search for wealth storage methods independent of the traditional financial system during crises.
19:07
Binance Issues Warning Over 'Address Poisoning' Crypto Scam
Binance has issued a warning about the 'address poisoning' crypto scam, which relies on lookalike wallet addresses and human error rather than hacking. Attackers send small transactions from fake addresses that resemble victims' frequently used addresses, hoping to trick users into copying the wrong one from their transaction history. To avoid this, users should always verify full addresses, use address book allowlists, and conduct small test transfers.
18:58
UK fintech Monzo in talks with Brazil’s Nubank about sale
The UK fintech company Monzo is also in discussions with private equity firms about selling a significant stake in the business, according to the Financial Times.
18:48
Foreign Capital Inflows into US Stocks Hit Record $940 Billion in Year to July, as Appetite for Debt Fades and S&P 500 Sees Strong Gains
18:47
Security researchers warn of a surge in 'LLM-jacking' attacks, as hackers hijack AI accounts and servers to fuel a new cyber crime boom
18:19
Audemars Piguet CEO says Royal Pop collaboration with Swatch is breaking sales records despite luxury watch slump and tariffs
Audemars Piguet CEO Ilaria Resta stated that the company's sales and brand engagement have reached record highs following its Royal Pop collaboration with Swatch earlier this year. The $400 timepieces, launched in May, generated over 20 billion social media mentions and conversations, attracting millions of young consumers to mechanical watches. Resta noted that every month since the launch has been a record month, with website crashes and non-stop boutique visits. The success has become a case study for the struggling $50 billion Swiss watch industry. Audemars Piguet recorded 10% organic sales growth in 2025, with 2026 expected to surpass that record, despite facing U.S. tariffs of up to 12.5% on Swiss goods and rising material costs.
18:04
Ripple Pioneer Nik Bougalis Returns to Rewrite XRP Ledger Core, Aiming for Enhanced Security and Performance
Cryptographer Nik Bougalis, who led key XRP Ledger protocol development for nearly a decade, has officially returned to work on the project's source code. Ripple CTO Emeritus David Schwartz endorsed his return, having previously stated that only working with Bougalis again could make him interrupt his break. Bougalis marked his return by opening pull request PR #8300, focusing on a deep, low-level modernization of the network's core to significantly improve security and optimize performance. RippleX Head of Engineering H. Ayo Akinyele confirmed Bougalis will tackle ambitious next-generation technology challenges, restoring the ecosystem's engineering advantage amid real-world asset (RWA) integration and evolving U.S. regulatory landscape. Bougalis previously left Ripple in 2022 and served as CTO of the Algorand Foundation in 2025.
17:57
OpenAI and Ginkgo Bioworks have significantly revamped their protein design competition format, shifting from a "human-AI showdown" to a "collaborative competition" to ease tensions within the scientific community regarding AI.
Ginkgo Bioworks originally planned for Stanford University Professor Michael Jewett to single-handedly take on OpenAI's AI agent team in a protein design competition. However, on the eve of the first round of competition on September 14, the match was urgently called off, and the format was subsequently changed from a "one-on-one" to a "coopetition," allowing any scientist to form a team and participate. Reshma Shetty, co-founder and president of Ginkgo, stated that this move was aimed at avoiding an escalation of tensions within the scientific community regarding artificial intelligence. This shift occurred after OpenAI announced on September 8 that its AI model had solved the Navier-Stokes problem, which had plagued mathematicians for nearly a century. This news caused a strong shock in the global mathematical community and reignited intense discussions about the future relationship between AI and humanity. The reorganized competition will start in mid-October and run until the end of this year. Participating teams will submit optimal chemical formula designs for three proteins designated by Ginkgo, which will then be evaluated by robots performing experiments.
17:55
Donald Trump reportedly rejected Iran's seven-day ceasefire proposal and is expected to resume bombing Iran after the November midterm elections.
According to the Wall Street Journal, citing anonymous U.S. officials, U.S. President Donald Trump has rejected Iran's proposal for a seven-day ceasefire to restore normal maritime traffic in the Strait of Hormuz. Iranian Foreign Minister Abbas Araghchi stated on Friday that the proposal required the U.S. to accelerate the implementation of actions promised in the June 17 Islamabad Memorandum of Understanding, including unfreezing $12 billion in Iranian assets, lifting oil sanctions, and ending the naval blockade of Iranian ports. Trump's rejection came hours after Iran presented a new roadmap. Furthermore, U.S. officials revealed that Trump has informed his aides that he expects to launch a new round of bombing operations against Iran after the U.S. midterm elections in November.
17:23
The White House stated that the US and China agreed to establish an AI "communication channel" following the summit.
The White House stated that the U.S. and China agreed to establish an AI "communication channel" after the summit. Donald Trump and Xi Jinping discussed issues such as artificial intelligence, trade, and the war in Iran during the three-day state visit, and confirmed they would meet twice more at international summits held in both countries this year; both sides also agreed to extend the trade truce, originally set to expire in November, until January next year. Beijing has not yet responded to the White House statement.
17:11
X Corp. is suing three users, accusing them of manipulating interactions through a coordinated network of accounts to defraud creators of their payouts, and is seeking £207,384 in damages.
X Corp. filed a lawsuit on September 17, accusing Vivek Kumar Sen, Zamyang Sherpa, and unnamed operators of manipulating interactions through a coordinated network of accounts to defraud creators of their earnings. The company stated that the move aims to protect its creator monetization program and deter more users from emulating such behavior. X Corp. has begun replacing the disputed creator monetization program with its "Original Content Rewards" program, which started accepting applications on September 8 and excludes replicated content.
17:03
Bitget CEO Gracy Chen denies 'self-inflicted' hack claims, reveals IPO plan in about three years
Bitget CEO Gracy Chen responded to claims that the September 24 unauthorized transfers of about $350 million were self-inflicted or an inside job. Chen stated that staging such a hack would undermine the company's long-term growth and its goal of pursuing an IPO within the next few years, ideally in about three years. She added that evidence at the time pointed towards the Lazarus Group.
16:46
Al Jazeera: Iran war squeezes Iraq's economy, with $60 billion lost in oil revenue and the dinar falling to 1,600 against the dollar.
Iraqi Prime Minister Ali Zaidi stated earlier this week that Iraq has lost approximately $60 billion in oil revenue since the US-Israel war against Iran began in late February, as 90% of its oil exports were temporarily unable to use conventional Gulf shipping routes. The disruption of trade in the Strait of Hormuz has impacted supply chains, leading to a 25% to 30% increase in import prices.

The Iraqi Dinar has been under pressure against the US Dollar, with the parallel market rate falling to 1600 Dinars per US Dollar last week, compared to approximately 1540 before the war. The Central Bank of Iraq (CBI) stated on Saturday that its foreign exchange reserves are sufficient and denied facing a shortage. However, the Prime Minister's financial advisor, Mudher Mohammad Salih, said that the central bank's foreign exchange reserves have decreased from approximately $106 billion before the war to about $80 billion by the end of August.
16:23
Vitalik Buterin tests mobile offline local knowledge apps, notes improvements but also limitations compared to laptop models
Ethereum founder Vitalik Buterin shared his experience testing various mobile offline local knowledge applications. He noted that these apps have significantly improved compared to the one he attempted to build two months prior. However, he also observed that they are still slower and less effective at answering difficult questions than models running on laptops. Buterin found the apps weakest in specialized travel-related queries, such as finding vegan restaurants in a specific city. He expressed optimism for continued improvements, hoping for a future where users can access any facts about the world without internet access.
16:05
British Columbia sues OpenAI and CEO Sam Altman over mass shooting, alleging failure to alert authorities to threats on ChatGPT
The Canadian province of British Columbia filed a lawsuit in a US federal court on September 21 against OpenAI and its CEO Sam Altman. The lawsuit alleges OpenAI failed to notify authorities about concerning user interactions on ChatGPT ahead of a mass shooting in Tumbler Ridge, Canada, in February, which killed eight people. It accuses OpenAI of "aiding and abetting a mass shooting" and product defect liability, seeking financial compensation for recovery efforts and a court order to revamp OpenAI's threat identification policies. Victims' families had previously filed about 30 similar lawsuits. OpenAI CEO Sam Altman has apologized for not alerting law enforcement, stating the content did not meet the threshold for referral at the time.
16:03
EnerVenue, backed by the family office of Hong Kong billionaire Lee Ka-kit, has commenced production of its new nickel-hydrogen batteries with an annual capacity of 250 MWh.
The California-based startup has commenced production of nickel-hydrogen batteries at its factory in Changzhou, Jiangsu, with an annual capacity of 250 megawatt-hours (MWh), and plans to increase capacity to 1 gigawatt-hour (GWh) by 2027. EnerVenue anticipates its new batteries will challenge existing energy storage technologies dominated by mainland Chinese companies, addressing the surge in global green energy demand. According to CEO Henning Rath, the company's nickel-hydrogen technology, which has been used in aerospace for decades, offers 30,000 charge-discharge cycles, a design life of up to 30 years, and no risk of thermal runaway fires, while remaining resilient in extreme environments.
15:12
CFTC Sues Cash FX for Alleged $950 Million Crypto Forex Scam
The U.S. Commodity Futures Trading Commission (CFTC) has accused Cash FX Group of defrauding investors of $950 million through a cryptocurrency foreign exchange scam. The CFTC alleges that Cash FX conducted minimal forex trading and misappropriated most of the participants' funds.
15:04
Korea National Diplomatic Academy President Kim Heung-kyu: China's global ambitions and tech rivalry with US raise stakes for Korea
Kim Heung-kyu, president of the Korea National Diplomatic Academy, made this assessment in a keynote speech at a seminar hosted by the China Capital Market Society, stating that China’s rise is reshaping the global power structure, economic order, and technological landscape, leading to deeper strategic competition with the US.
14:25
Marvell Executive: AI Compute Expansion Hits Bottleneck, Optical Interconnect and Memory Expansion Critical for Next Phase
Marvell executives recently stated at the Six Five Summit 2026 that the AI hashrate race is evolving from a chip-centric competition to a system-level game. Copper interconnects are nearing their performance limits, and memory demand is rapidly expanding due to inference models. Company executives Will Chu and Dave Lazovsky indicated that optical interconnects and memory expansion technologies (such as photonic fabric memory and CXL) are becoming core variables for the next phase of hashrate expansion. They project global data center infrastructure cumulative capital expenditure to reach $4 to $5 trillion between 2025 and 2030. Marvell is advancing Near-Package Optics (NPO) and Co-Packaged Optics (CPO) solutions, emphasizing that their analog SerDes technology can reduce power consumption by approximately 4 times and overall energy consumption by over 25%. The company is also addressing memory bottlenecks through high-density SRAM IP, 3D stacking, and photonic fabric memory devices. The latter can provide an external memory pool of 32TB within an independent rack space, enabling independent expansion of memory capacity and bandwidth.
14:05
US and China agree on tariff relief for $30bn of nonsensitive goods each
The White House announced late Friday that the U.S. and China have agreed on recommendations for "more favorable tariff treatment" covering $30 billion of nonsensitive products traded in each direction, following a summit between President Donald Trump and President Xi Jinping in Washington.
13:39
U.S. Ambassador to Israel Jack Lew attributed the decline in American public support for Israel to "insufficient biblical literacy."
Huckabee told NewsNation in an interview on Thursday that the deterioration of American public opinion toward Israel stems from a lack of "biblical literacy." He cited three reasons for the decline in support: misinformation and foreign propaganda, animosity toward theists, and a lack of understanding of the Bible. A Pew Research survey in April showed that 60% of American adults hold negative views of Israel.
13:27
According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $134 million on September 25 (EST), marking seven consecutive days of net inflows; Ethereum spot ETFs recorded a net inflow of $86.95 million on the same day, marking six consecutive days of net inflows.
According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $134 million on September 25 (ET), marking seven consecutive days of net inflows. Ethereum spot ETFs recorded a net inflow of $86.95 million on the same day, extending their net inflow streak to six days. Among them, BlackRock's IBIT led Bitcoin ETFs with $96.99 million, while Fidelity's FBTC had a net inflow of $49.32 million. For Ethereum ETFs, BlackRock's ETHA and ETHB attracted $50.37 million and $31.88 million, respectively.
12:36
Morocco's PAM wins most seats in parliament election but falls short of majority, needs coalition
Morocco’s Authenticity and Modernity Party (PAM) won 97 of the 395 seats in the House of Representatives, falling short of the 198 seats needed for an outright majority, according to final results announced by the Ministry of Interior on Friday. The party will need to build a coalition with other parties to govern. The incoming government will oversee billions of dollars in investment as Morocco prepares to cohost the 2030 World Cup.
12:32
XRP Ledger's Batch upgrade slips to Oct. 9 after validator support briefly fell below 80% threshold, resetting activation clock
The Batch feature allows users to bundle up to eight transactions, such as asset and payment transfers. Its activation was delayed from Sept. 29 as validator support briefly dropped below the required 80% threshold, restarting its two-week countdown. The corrected upgrade, BatchV1_1, regained support on Sept. 25, setting its earliest activation for Oct. 9. Another upgrade, PermissionDelegationV1_1, also saw its activation pushed from Oct. 5 to Oct. 8 due to similar support issues.
12:19
Bitget announces phased withdrawal resumption from September 28, following September 24 security incident vulnerability fix
Bitget stated that the vulnerability involved in its September 24 security incident has been identified and fixed. Withdrawals are set to resume in phases after security checks are completed, with BTC on September 28, ETH on September 29, USDT on September 30, and other tokens, fiat and P2P services on October 2, all at 08:00 UTC. Bitget confirmed user account balances remain unaffected, and its Protection Fund will cover the financial impact. Trading and deposits remain operational, with Mandiant and SlowMist assisting the investigation.
12:19
Lookonchain: Bitget hacker withdrew $1.23M from Binance
Blockchain analytics firm Lookonchain reported that wallet 0x4885 withdrew 257.6 ETH ($692K) and 545K USDT from Binance. The 545K USDT was then swapped for 200.2 ETH, and all 457.9 ETH ($1.23M) was transferred to the Bitget hacker's wallet approximately one hour ago.
12:10
AI Agents on XRP Ledger Favor Ripple USD (RLUSD) Over XRP, While BlackRock Forecasts Trillions in Stablecoin Demand from Machines
Data from XRPL AI Hub indicates that autonomous AI agents using the XRP Ledger for settlements are increasingly opting for regulated stablecoins like Ripple USD (RLUSD) over native crypto assets such as XRP. This trend is driven by the machines' need for predictable costs, as XRP's price volatility can undermine their financial models. BlackRock's research note, "The Machine-Native Economy," highlights this shift, predicting that the traditional banking system cannot handle the millisecond micropayments required by autonomous software. BlackRock estimates the global stablecoin market has already surpassed $300 billion, with an annual transaction volume of $11.6 trillion, making stablecoins a fundamental unit of account for AI-driven transactions.

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