Crypto World
HTX Releases August Performance Report: 13th Anniversary Celebration Ignites Global User Engagement
Apia, Samoa, September 9, 2026 – In August, leading global cryptocurrency exchange HTX marked its 13th anniversary with a major anniversary celebration. In an industry where leading projects come and go rapidly, few platforms have continued delivering quality services to users worldwide for 13 consecutive years. Even fewer have continued expanding their capabilities after weathering multiple bull and bear cycles.
Centered around the “Resilience Reveals the Future” campaign and Trading Championship #3, HTX delivered a series of anniversary rewards for global users throughout August. At the same time, the platform continued to expand its asset offerings and enhance its trading tools and yield products.
On-platform balances grew 6.6% month over month, supported stock trading assets reached 210, and cumulative TradFi trading volume surpassed $4 billion, resulting in a strong August performance.
13th Anniversary “Resilience Reveals the Future”: Rewards All Month Long
At 13:13 (UTC+8) on August 13, HTX’s 13th anniversary carnival month campaign, “Resilience Reveals the Future,” officially kicked off. The campaign allowed users to complete designated Growth Challenge tasks, light up Future Gems, and unlock anniversary rewards step by step.
The Grand Prize included a 2,000 USDT Future Exploration Fund, an all-inclusive trip to Singapore TOKEN2049 (flights & hotel included), and an HTX 13th Anniversary premium limited-edition gift. At the same time, a referral campaign was launched with a mega prize pool, covering multiple trading scenarios including spot, futures, and margin trading. Users who completed designated tasks will share in the rewards.
As of August 31, the “Resilience Reveals the Future” campaign had distributed more than 130,000 prizes to users. The campaign is still ongoing and will run through 13:13 (UTC+8) on September 13.
Throughout the anniversary month, various platform services also rolled out their own rewarding programs. HTX Earn launched its 13th Anniversary Earn Bonanza, attracting more than 30,000 subscribers to Earn products during the month. Both the subscriber count and subscription amount for popular new-crypto products grew by more than 10% month over month.
Featuring campaigns across its three major products, Collateral Swap, margin trading, and institutional lending, unlocked user asset potential through low-interest loans and drove a 19% month-over-month increase in daily average margin trading trader count.
Trading Championship #3 Returns with Over 40,000 Participants
Coinciding with its 13th anniversary, HTX’s flagship trading competition, the Trading Championship, returned for its third season. The competition featured three consecutive stages, including Points Contest, Individual Challenge, and Team Battle, with a total prize pool of 800,000 USDT.
By the end of August, the competition had attracted more than 40,000 participants, generating over 1.25 billion USDT in spot trading volume and more than 4.17 billion USDT in futures trading volume.
The three stages offered different ways to participate. The Individual Challenge featured three tracks based on trading volume, PnL, and PnL percentage, giving users with different trading styles a chance to compete for the leaderboard.
The spot trading volume champion recorded nearly 150 million USDT in cumulative trading volume and took home the 25,000 USDT first-place prize. The Team Battle added a stronger social element, turning individual competition into team-based competition through features such as one-click team building, team leader guidance, and one-click copy trading. The Team Battle is currently underway and will run through September 15.
Whether through “Resilience Reveals the Future” or Trading Championship #3, the combination of user rewards and enthusiastic global participation highlights the core drivers behind HTX’s resilience and enduring leadership across multiple market cycles.
Expanding Asset Listings: Cumulative TradFi Trading Volume Surpasses $4 Billion
In August, HTX continued to expand its futures product lineup, adding 56 new assets, including 41 popular stocks and index products and 15 new cryptocurrencies. The platform now supports 210 stock assets, covering U.S. equities, major global indices and ETFs, unicorn pre-IPO equities, and leading companies in Japan and South Korea. This further strengthens HTX’s position in multi-market stock coverage.
This month’s asset expansion focused on four key areas of AI hardware and semiconductor computing, global e-commerce and internet companies, major Asia-Pacific companies and indices, and high-dividend blue-chip stocks.
Key assets including Zhongji InnoLight (ZHONGJI), GigaDevice (GIGADEV), Unitree Robotics (UNITREE), Shein (SHEIN), PDD Holdings (PDD), SoftBank (SOFTBANK), Samsung Electro-Mechanics (SAMSUNGEM), Nikkei 225 (JP225), and the Korea Composite Stock Price Index (KR200/KODEX200) were added successively. The addition of Japanese and Korean markets and global indices further expanded the platform’s asset coverage beyond U.S. equities, giving users more direct access to opportunities across global markets.
As the asset matrix expanded, trading volume grew accordingly. By the end of August, cumulative TradFi trading volume on HTX had surpassed $4 billion, with $1.6 billion added in August alone. In terms of trading costs, the platform also completed a fee-rate upgrade, bringing its TradFi net fee rates into the industry’s top tier.
The spot market also continued adding trending assets. In August, HTX became the first platform to list the Chinese memecoin 牛来 (Niu Lai), which gained as much as 460% after listing.
AI-related assets TAO and DOS were also listed during the month, with TAO ranking among the industry’s leading assets by market capitalization. HTX consistently demonstrates agility in capturing trending market assets.
HTX SmartEarn’s APY Surpasses 13%, Trading Bots’ Trading Volume Rises
For users who plan to stay in the market long term but do not want their funds sitting idle, HTX SmartEarn was one of the month’s standout products. In August, SmartEarn launched a limited-time APY boost campaign offering up to an additional 11% APY. With an average daily basic APY of 2.71%, it offered a maximum APY of over 13%.
Automated trading tools also continued to grow. In August, HTX Futures Trading Bots trading volume increased 36% month over month, with growth momentum continuing. Copy Trading and Trading Bots also supported more than 20 TradFi assets, including U.S. equities, precious metals, crude oil, and indices, significantly expanding the range of assets available for automated trading.
Risk management was a key focus of August’s product upgrades. Trailing TP/SL and MMR TP/SL were launched simultaneously. Trailing TP/SL automatically adjusts the stop-loss level as the market moves, raising the level to lock in gains when prices move favorably and triggering an exit when a pullback reaches the preset threshold. This reduces the need for users to monitor the market manually.
MMR TP/SL uses the maintenance margin ratio as the trigger. Once traders’ account margin level reaches their preset threshold, the system automatically executes orders. It is suitable for large positions and high-leverage trading.
Copy Trading also conducted upgrades in transparency. The Copy Trading details page now provides itemized execution records, while the community page allows users to view creators’ actual trading records and copy-trading performance, giving users more information when evaluating whom to follow.
Additional experience improvements, including K-line charts, leaderboard categories, multilingual search, and app performance, were also rolled out in August.
Global Expansion Continues as Localization Capabilities Grow Stronger
Over the past 13 years, HTX has built a user base across major markets worldwide. Entering new markets and staying close to local users have remained key focuses of the platform’s investment in recent years.
Compliance is a prerequisite for global expansion. In late August, Pakistan officially released regulatory provisions for virtual asset service providers and launched a licensing application mechanism, marking a shift toward institutionalized implementation of local virtual asset regulation.
HTX has been actively aligning with the latest regulatory requirements, advancing local entity establishment, preparations for formal license applications, and compliance infrastructure, while maintaining communication with regulators and local professional institutions. These efforts lay a solid foundation for conducting related businesses in accordance with applicable laws and regulations.
Southeast Asia was another key focus in August. From August 14-15, HTX Ventures participated in Conviction Vietnam, connecting with local Vietnamese users and Web3 ecosystem partners through on-site activities, community engagement, and content initiatives. Vietnam has one of the world’s highest levels of cryptocurrency adoption and remains one of Southeast Asia’s most dynamic digital asset markets.
HTX will continue expanding localized brand content and community partnerships to build closer connections with local users, developers, and industry partners.
13 Years On, Moving Forward
Looking back at the milestone of HTX’s 13th anniversary, the industry continues to evolve, while platforms capable of supporting users over the long term remain rare. What has carried HTX through the past 13 years is its commitment to putting users first and treating every user who chooses the platform with sincerity. Market ups and downs are impossible to predict, but providing users with a reliable trading experience is something the platform can control and must continue to do well.
Anniversary campaigns including “Resilience Reveals the Future” and Trading Championship #3 Team Battle are still in full swing, with more surprises to come in September. For 13 years, HTX has weathered multiple bull and bear market cycles alongside its global users, and it remains committed to forging ahead hand-in-hand with its international community for the journey ahead.
The post HTX Releases August Performance Report: 13th Anniversary Celebration Ignites Global User Engagement appeared first on BeInCrypto.
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
The crypto industry has launched a renewed push in support of the Clarity Act ahead of a key procedural vote in the Senate on September 15. However, Republican lawmakers are worried the bill could fail if lawmakers disagree over ethical concerns around President Trump’s crypto interests.
The Clarity Act will help establish clear rules and divide oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
Crypto Industry Launches Clarity Act Push
The United States Senate will decide whether to invoke cloture on a motion to proceed to the Clarity Act on September 15. The motion requires 60 votes to pass. The act will establish clear federal rules for crypto and clearly define oversight of the sector between the SEC and CFTC. However, some Republican lawmakers worry the bill may fall short of the required votes.
With support wavering, the crypto industry has launched a campaign to drum up support for the bill. The campaign emphasizes consumer protection and endorsements from outside the company, and criticizes the banking industry, which has vehemently opposed some sections of the Clarity Act. The campaign pushes back against the banking lobby, accusing it of blocking competition to secure profits.
The banking industry has pushed back against the bill, particularly sections governing stablecoin rewards. Banks argue stablecoin rewards could pull deposits away from the traditional banking system, potentially compromising the entire system. The latest push also attempts to broaden the bill’s appeal beyond crypto and highlights support from several law enforcement groups.
Ethics Provisions Could Become Bill’s Undoing
While the industry attempts to drum up support, a key political issue could become the bill’s undoing. Republican senators are treading a fine line as they grapple with ethical concerns around a sitting president and his family profiting from crypto. Lawmakers are deeply divided over ethics restrictions in the bill, with Republican senators Mike Rounds and Thom Tillis concerned the bill may not pass as Democrats push for stronger restrictions.
A Semafor article claims Democratic Senators believe very little progress has been made regarding demand for stronger ethics provisions that adequately cover the president and his family. Senator Rounds called the outlook “bleak,” while Tillis believes the legislation will fail to pass unless the White House compromises on some provisions. However, President Trump appears in no mood to negotiate, with a White House spokesperson urging Congress to pass the legislation.
Will The Clarity Act Pass Before Midterms
Republican senators are scrambling to secure the votes needed to pass the legislation before the end of the ongoing session. Republicans have already cut short the remaining runway for the Clarity Act. This means even if the act passes the Senate, final actions could be pushed beyond the November midterms. Additionally, Senate changes will need House approval before the legislation reaches the White House. Senator Cynthia Lummis, one of the administration’s biggest crypto advocates, urged Congress to pass the act, warning China could gain the upper hand if the legislation fails.
Lummis also highlighted several provisions included in the bill to protect consumers when crypto companies fail. Intermediaries are required to segregate customer assets, and some holdings will be treated as customer property in cases of bankruptcy. However, these protections will depend on the contractual agreement between customers and crypto platforms, and how the assets are held.
Lummis also warned that failure to pass the legislation could be a substantial setback, costing years of investments, jobs, and tax revenue.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Exporters can use overseas earnings to fund imports directly, bypassing the official foreign-exchange system, the FT reported.
Jersey Mike’s Subs (JMKE) will release its first earnings report since it went public six weeks ago, and after analysts have been raving about the stock. The company will announce second-quarter results Wednesday before the stock market opens. Analysts’ consensus earnings estimate is 22 cents a share on sales of $208.7 million, a number that excludes systemwide sales. Comp sales…
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Ethereum is trading above $2,500, sitting right in the price line that determines whether this consolidation turns into a breakout or a fade. Meanwhile, Tom Lee just put a $6,000 target on the table for December. There’s a catch, though, and it’s a big one.
Lee’s formula requires Bitcoin to do something it has never done in a single quarter. A specific magnitude move that would need to happen before ETH’s own chart even gets a fair shot at that number.
As of now, the more immediate story is playing out on lower timeframes: ETH has been consolidating just above $2,450 after an August rally that took it from roughly $1,900 to above $2,500, one of its stronger monthly runs since mid-2025. Recent technical work shows the asset boxed inside a rising wedge beneath a $2,500–$2,550 resistance band, with analysts flagging that level as the trigger for the next leg.
Macro conditions aren’t helping clarify things. Oil prices pushing toward $100 a barrel rattled equities this week, and the Fed’s next move remains a live variable for risk assets. That backdrop matters for what comes next.
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Can Ethereum Price Hit $2,800 This Week?
ETH’s price action right now is a study in patience. At $2,500, it’s parked just above the $2,438 weekly Fibonacci support and directly beneath the $2,550 ceiling that’s capped every recent attempt higher.
Barchart and other trackers show volume holding steady rather than spiking, which tends to precede a decisive move rather than confirm one already underway.
The scenario map is fairly clean. The best case is a weekly close above $2,550, which opens the door to $2,800, then potentially $3,000–$3,200 if the wedge breakout holds. Bybit data puts current volume near $12B, enough to support a genuine breakout attempt.
The more likely scenario is that ETH continues grinding between $2,438 and $2,550 while the market waits on a catalyst. However, a rejection at resistance sends ETH back toward the 20-day EMA near $2,320, with $2,161 as the deeper invalidation zone.
None of those paths gets Ethereum near $6,000 without Bitcoin doing its part first, but upcoming network developments could help the narrative, but they won’t override price action.
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LiquidChain Targets Early Mover Upside as Ethereum Tests Key Levels
Anyone holding ETH from the $1,900 lows is sitting on solid gains, and that’s worth acknowledging. But here’s the uncomfortable math: a move from $2,503 to $6,000 is roughly 2.4x, on an asset with a market cap already in the hundreds of billions.
It needs the kind of multiple gets harder to generate at scale as capital increasingly looks for smaller-cap infrastructure plays where the same percentage move requires far less volume to materialize.
A little of this chain. A little of that chain.
Then things get interesting.pic.twitter.com/ybu9a1L0o0
— LiquidChain (@getliquidchain) September 7, 2026
That’s the gap LiquidChain ($LIQUID) is positioning to fill. It’s a Layer 3 infrastructure project built to fuse Bitcoin, Ethereum, and Solana liquidity into one execution environment, with Liquid, developers deploying once and getting access to all three ecosystems, rather than fragmenting liquidity across chains.
The presale is priced at $0.014953 with $963K raised so far. Core features include a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement.
Research LiquidChain before the raise moves further.
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The post Ethereum Price Has a New $6,000 Target, But There’s a Catch appeared first on Cryptonews.
Matches offer a clear metric of success and an immediate burst of validation, even when neither person intends to begin a conversation. Because they arrive unpredictably, they can operate as intermittent rewards: each disappointing swipe carries the possibility that the next one will produce a match.
That uncertainty keeps us returning. But it can also separate the immediate reward of receiving a match from the longer-term goal of forming a relationship.
I see this every time I open dating apps. Yesterday, I matched with 12 men. Only two messaged me. The others remain in dating app purgatory, neither rejected nor pursued. When I message matches first, I often receive no response. For many users, it seems, getting the match is enough. The person on the other side becomes secondary to the proof that someone chose them.
Despite the exhaustion and cynicism, the game continues. We open the app almost automatically, swipe for a few minutes, and wait for a small reward. The behavior starts to resemble playing Candy Crush more than looking for a partner.
Coinbase policy chief Faryar Shirzad told crypto advocate Scott Melker that he remains cautiously optimistic the CLARITY Act can clear a critical Senate procedural vote scheduled for September 15. Coinbase is not assuming all 53 Senate Republicans will back the CLARITY Act, which means Democratic votes are essential to reach the 60-vote cloture threshold.
The vote in question is a cloture motion on the bill’s path to full Senate consideration, not a final passage vote. Clearing cloture opens debate and amendments, but the bill still needs to survive a later floor vote before it becomes law.
Shirzad described the years the industry has spent building bipartisan support as finally putting comprehensive Senate crypto regulation within reach, calling the legislative package a powerful one. He laid out two possible outcomes on September 15: the bill stalls just short of 60 votes, or enough Democrats cross over to trigger what Washington insiders term a jailbreak, where additional undecided senators feel safe voting yes once bipartisan momentum is visible.
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The Ethics Fight Tied to Trump’s Crypto Interests
Shirzad identified the ethics language connected to President Trump’s crypto holdings as the single biggest risk to the bill’s advance. Senate Democrats continue to argue that the proposed ethics provisions fall short, while Republicans maintain that the legislation already contains meaningful safeguards.
Per Shirzad, the White House has accepted restrictions that apply specifically to the president, but Democrats may still demand further concessions before supplying the votes needed for cloture. Remaining disputes over DeFi provisions and exchange rules are, in his view, more likely to get resolved than the ethics standoff.
Stablecoin-related banking concerns add another layer of friction on the Republican side. Shirzad expects the White House to push lawmakers toward a compromise on that front, a dynamic that has already shaped how the industry frames the bill’s impact on bank deposits, a subject covered in detail regarding the CLARITY Act’s effect on the US banking sector.
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What The CLARITY Act Would Actually Do Beyond Coinbase
The bill would split oversight of digital assets between the SEC and CFTC and bar government officials, including Trump, from operating crypto businesses, according to Reuters reporting. Trump reported more than $1.4 billion in income from his family’s crypto ventures last year, which is precisely why the ethics carve-outs have become the bill’s most contested section.
Democrats have pushed for stronger anti-money-laundering controls and for state attorneys general to have independent enforcement power over the presidential ban, per Reuters. Community bankers, meanwhile, have lobbied against provisions letting exchanges pay rewards on stablecoin holdings, arguing it would pull deposits away from traditional lenders.
BREAKING: — The Bitcoin Historian (@pete_rizzo_) September 8, 2026
A NEW AD JUST EXPOSED WHY THE BIG BANKS ARE TRYING TO KILL THE #BITCOIN CLARITY ACT
THEY RAKED IN RECORD PROFITS OF $300 BILLION LAST YEAR BY “SQUEEZING CONSUMERS AND SMALL BUSINESSES”
AND NOW THEY WANT TO “KILL THE BIPARTISAN CLARITY ACT”
THEY WANT "TO PREVENT… pic.twitter.com/eCvVpjIFHo
Failure at the procedural stage would not stop crypto regulation, according to Shirzad, who argued regulators would move to implement well over 100 individual rules through agency action to replicate much of the framework Congress failed to pass.
He expects crypto’s integration with traditional finance to keep advancing regardless, through tokenization, stablecoins, perpetual futures, and 24/7 markets. This is the CLARITY Act outcome Coinbase is positioning itself for by building toward a wider financial platform spanning investing, lending, and borrowing across asset classes.
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Prediction markets are pricing skepticism into that timeline. Kalshi traders have assigned a low probability to major crypto legislation becoming law this year. A signal worth weighing against Coinbase’s public optimism heading into September 15.
Traders positioning around the vote should treat September 15 as a gauge of momentum, not a resolution. A cloture win still leaves debate, amendments, and a final floor vote ahead.
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The post Coinbase CLARITY Act Optimistic as Cloture Vote Faces Ethics Fight appeared first on Cryptonews.
Germany has prepared a 25% flat tax on cryptocurrency gains from 2028, potentially ending the country’s long-standing exemption for Bitcoin and other digital assets held for more than one year.
Summary
- Germany plans to tax crypto gains at a flat 25% rate from 2028, replacing the current system that exempts assets held for more than one year.
- The proposed rules would cover crypto assets bought after Jan. 1, 2027, while the treatment of previously purchased holdings has yet to be decided.
- The Finance Ministry expects the measure to generate roughly €350 million in additional tax revenue.
- Crypto gains could be offset against losses from stocks and other securities once digital assets are brought under the capital income tax system.
Der Spiegel reported that Germany’s Federal Ministry of Finance has drafted legislation that would bring crypto gains under the country’s capital income tax, or Abgeltungsteuer, putting them under the same 25% rate currently applied to gains from stocks and other securities.
The planned rules would apply to crypto assets acquired after Jan. 1, 2027, while the tax itself would take effect in 2028. The draft has already been circulated among other federal ministries for review, according to the report.
A personal allowance is expected to remain available. Germany currently provides a €1,000 exemption threshold for private disposal transactions.
Germany’s crypto tax would remove the one-year exemption
Under the current system, privately held cryptocurrencies do not fall under Germany’s flat capital income tax. Bitcoin, Ether and other crypto assets are instead treated as private assets, with gains potentially subject to an investor’s personal income tax rate when sold within 12 months of purchase.
Individual income tax rates can reach 45%, but crypto assets sold after more than one year are generally exempt from tax.
The proposed 25% rate would remove that holding-period benefit for assets covered by the new system. It would simultaneously reduce the potential tax rate for some shorter-term investors who currently face their personal income tax rate.
Germany had already been considering changes to crypto taxation for several months. As crypto.news previously reported in May, Finance Minister Lars Klingbeil said during an April presentation of the 2027 federal budget that the government intended to “tax cryptocurrencies differently.”
At the time, the government had not disclosed how it intended to change the system. Klingbeil linked the planned crypto changes to a package expected to raise an extra €2 billion in tax revenue while strengthening enforcement against financial and tax crime.
The latest draft provides a more specific mechanism. The Finance Ministry expects the crypto measure itself to generate roughly €350 million in additional revenue, according to Der Spiegel.
Moving crypto under the Abgeltungsteuer could create another change for taxpayers. Gains from digital assets could be offset against losses from stocks and other securities under the planned system.
People whose personal tax rate falls below 25% could request a Günstigerprüfung, a tax assessment used to determine whether applying their lower personal rate would result in a smaller tax bill.
Earlier attempt to remove the crypto tax break failed
The proposal follows an unsuccessful attempt in parliament to remove the same long-term holding exemption earlier this year.
Germany’s Finance Committee rejected a Green Party proposal in May that called for crypto assets to lose their tax-free treatment after the one-year holding period.
CDU/CSU, the Social Democratic Party and Alternative for Germany opposed the proposal, though their reasons differed. Die Linke supported it with reservations.
The SPD argued at the time that the government was already working on a separate legislative proposal covering crypto taxation, while CDU/CSU lawmakers said changes should be considered as part of a coordinated government approach.
Klingbeil’s ministry has since continued work on that legislation. During a July press conference, the finance minister confirmed that officials were preparing a concrete bill but declined to disclose its provisions while coordination within the government was still underway.
Political opposition to removing the exemption has remained visible. The AfD has backed preserving the 12-month holding period and previously submitted a Bundestag proposal calling for the rule to be maintained.
The issue returned to attention this week after the party won nearly 44% of the vote in Saxony-Anhalt. Germany’s Bitcoin tax debate remains a federal matter, meaning changes to the tax treatment cannot be made by a state government.
Chainalysis estimated Germany generated $24.1 billion in potentially taxable on-chain crypto activity during 2025. The figure included $15.6 billion in payments, $6.1 billion in realized gains and $2.4 billion in income, though the analytics company cautioned that the estimate represented activity that could potentially fall under common tax rules rather than unpaid taxes.
New rules would target crypto bought from 2027
The draft would apply the new capital income tax treatment to crypto assets purchased after Jan. 1, 2027.
Whether assets bought before that date would retain their existing tax treatment has not been settled and will need to be decided as the proposal moves through the legislative process.
The change forms part of Klingbeil’s action plan targeting tax fraud and undeclared economic activity. Ministry sources quoted by Der Spiegel argued that taxing earned income and investment returns while allowing many speculative crypto gains to remain tax-free was unfair.
Germany has been increasing oversight of digital assets on other fronts. Since January, the country has enforced the European Union’s Crypto Asset Tax Transparency Act, implementing reporting requirements that require crypto service providers to transmit customer transaction information to tax authorities.
Regulated crypto services have expanded at the same time. Germany had become the EU’s leading jurisdiction for Markets in Crypto-Assets authorizations by August, when six more cooperative banks entered the European Securities and Markets Authority register.
Their addition brought Germany to 79 authorized crypto asset service providers, ahead of France with 35 and the Netherlands with 29 at the time.
Klingbeil presented Germany’s 2027 federal budget to the Bundestag on Tuesday morning, outlining approximately €550 billion in spending alongside special funds and total new borrowing of roughly €120 billion.
Crypto taxation is one of several revenue measures being considered by the government. The governing coalition has reportedly agreed on new or higher levies in areas including alcohol and tobacco, while a tax on sugary drinks remains under discussion.
An earlier version of the drinks tax proposal was withdrawn after criticism that it would cover beverages containing sugar substitutes.
The crypto tax draft must now be reviewed by the other federal ministries before it can advance to the cabinet and then through Germany’s parliamentary process.
Crypto World
Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case
Malone Lam, a Miami resident charged with stealing 4,100 bitcoin, led a ring of fraudsters who stole crypto via online scams and home invasions.
XRP is bouncing as fresh commentary from a major asset manager reignites debate over who actually controls the Ripple network. The bigger story here isn’t the price; it’s what was clarified about governance and why it matters more than most holders realize.
21Shares AG, which manages $11 billion in assets globally, published a guide dismantling several long-running misconceptions about XRP, chief among them the claim that Ripple controls the XRP Ledger. The firm points out that Ripple operates just one of 35 validators on the XRPL’s default Unique Node List.
Also, according to 21Shares, more than 150 known validators from universities, exchanges, businesses, and individuals run across the network. As 21Shares put it, “Inventing the road is not the same as controlling the traffic.”
This lands at a moment when XRP’s price action is anything but dramatic. The market is consolidating, and traders are parsing whether governance clarity translates into renewed institutional confidence, or just noise that fades by next week.
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Can XRP Price Hit $1.50 This Week?
XRP is sitting at $1.44, confined to a tight range between a 24-hour low of $1.4107 and a high of $1.4447. Daily volume north of $2.3 billion suggests real participation rather than a quiet drift, per CoinGecko data. The token is up by 5% over seven days, a steadier gain than the daily chart implies.
Support sits at $1.38, with a secondary floor around $1.41-$1.42 where multiple price snapshots cluster. Resistance is $1.45, the 24-hour high, and a decisive close above it would mark the first real breakout attempt out of this band. Recent XRP resistance analysis flags this same zone as the line in the sand.
Bull case: a break above $1.45 on volume opens a run toward $1.55-$1.60. Base case: XRP grinds sideways in the $1.38-$1.45 band while the market digests the governance narrative. Bear case: a break below $1.38 invalidates the near-term structure and drags price back toward $1.30.
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Bitcoin Hyper Targets Early Mover Upside as Ripple Tests Key Levels
XRP’s governance clarity is a legitimate long-term positive, but let’s be honest about the math: a token with a market cap in the tens of billions moving from $1.44 to $1.60 is a solid trade, not a life-changing one. For traders chasing asymmetric upside, that ceiling is exactly why attention keeps rotating toward earlier-stage infrastructure plays.
Bitcoin Hyper is refining the developer experience with clearer documentation, familiar tooling, predictable APIs, and better feedback for builders. — Bitcoin Hyper (@BTC_Hyper2) September 2, 2026
The goal: make the network easier to understand, connect existing tools, and start building with less friction. 
Read the… pic.twitter.com/kAo1w7Xa06
Bitcoin Hyper ($HYPER) is building the first Bitcoin Layer 2 with full Solana Virtual Machine integration, targeting execution speeds faster than Solana while settling back to Bitcoin’s base layer.
The presale has raised $33.1 million at a current token price of just $0.0136859, with staking rewards offered at a high 35% APY. Its core pitch: Bitcoin’s security, without the slow transactions, high fees, or lack of programmability that have kept BTC on the sidelines of DeFi.
A decentralized canonical bridge handles BTC transfers, aiming to make Bitcoin’s liquidity usable for smart contracts for the first time.
Research Bitcoin Hyper before the presale window closes.
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The post XRP Myths Debunked as 21Shares Sets the Record Straight appeared first on Cryptonews.
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