
August Core CPI Runs Hot and Bitcoin Slides Below $77,000
Headline inflation landed where economists expected. The monthly core reading did not, and bitcoin lost about $1,000 before clawing most of it back.
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Headline inflation landed where economists expected. The monthly core reading did not, and bitcoin lost about $1,000 before clawing most of it back.

Coinbase is putting the Coinbase Wallet name back on the app it called Base App from July 2025. The pitch now is multichain trading, not the social feed.

Bitcoin fell under $77,000 on 10 September after August producer prices came in at 5.4% against a 5.3% consensus. Outlets put the size of the drop at three different numbers. The 30-year Treasury yield hit its highest level since 2007.

An Instagram post compared XRP with Bitcoin and the world's stock markets to argue it is still early. Two trackers put XRP near $89 billion on 9 September, against $1.59 trillion for Bitcoin.

ZCSH crossed $500 million in assets on Monday. A fifth of that arrived from DCG International Investments, which paid in 85,705 ZEC.

ZEC passed $1,200 late Sunday as open interest in its perpetual futures reached $2.4 billion. Three liquidation tallies for the same session disagree.

An Instagram post credited Bitcoin with a $60,000 to $80,000 run in five days. The price levels hold up. The timeline does not: outlet records place the move across about three weeks, with one fast week in mid-August.

ZEC crossed $1,000 on Friday for the first time since 2018. Four outlets covering the same session give four different intraday highs.

The bank's DIFC branch began quoting spot bitcoin and ether to institutional clients on Thursday, through the same channels they use for foreign exchange.

The exchange routed the launch through Alpaca in the United States and Nest Trading in Abu Dhabi. Phase one is long-only, limit orders only, and closed to US customers.

The draft writes blockchain into the rules for share registers and opens a 60-day comment window. Outlets give two release numbers and three counts of the firms affected.

Open interest in XRP futures fell while the price rose, and CME took a bigger share of what was left. The accounts of the rally's window do not agree.