Google Integrates AI with Stablecoins, Pump.fun Overtakes Hyperliquid Revenue
Google Integrates AI with Stablecoins, Pump.fun Overtakes Hyperliquid Revenue
🤖 Google's AI Stablecoin Move
Google updated its open-source protocol to enable AI transaction processing, including stablecoins. Partners include Coinbase, Ethereum Foundation, Salesforce, AmEx, and Etsy - signaling deeper AI + crypto + traditional finance integration.
Pump.fun generated $3.38M in 24h revenue, surpassing Hyperliquid's $3.12M. This marks the highest revenue since February 13, with only Tether ($21.67M) and Circle ($7.62M) earning more.
Polymarket filed Form D for a $257.5M funding round with $135.4M already raised from 23 investors. The filing mentions warrants and rights, hinting at a possible token launch as the platform transitions from DeFi to regulated U.S. derivatives exchange.
Galaxy Digital is preparing to launch a tokenized money market fund for crypto investors, with Anchorage Digital serving as custodian. This reflects the broader Wall Street push toward tokenization.
🚨 Big move in crypto: U.S. SEC & CFTC just issued a joint statement allowing registered institutions to conduct crypto spot trading. This could accelerate institutional adoption & market legitimacy.
📢 Today’s Top Crypto Headlines: 🏛️ US Commerce to Publish Data on Blockchain • Commerce Sec. Howard Lutnick announced GDP & other economic stats will be issued directly on blockchain for transparency & tamper-resistance. A pioneering step for public sector blockchain
📢 Today’s Top Crypto Headlines: ⛏️ Bitcoin Mining Difficulty Hits Record •Difficulty climbed to 134.7T, an all-time high •Profit margins tightening for large operations → centralization concerns •Yet small miners on Solo CK Pool still secured full block rewards worth
📢 Today’s Top Crypto Headlines: 🤖 Google Links AI, Stablecoins & Payments • Updated its open-source protocol to let AI process transactions, including stablecoins • Partners: Coinbase, Ethereum Foundation, Salesforce, AmEx, Etsy • Signals deeper AI + crypto + traditional
🚨 Breaking: 12 US Senate Democrats have unveiled a new crypto market structure framework with 7 key points. Highlights: ⚖️ CFTC to regulate non-security tokens 📊 Clearer token classification & issuer disclosures 🔒 Stricter compliance on trading platforms 💰 More funding for
📢 Today’s Top Crypto Headlines: 🏛️ Fellowship PAC Launches • New crypto-focused PAC aims to raise $100M+ for pro-crypto candidates • Aligns more with Republicans & Trump than Fairshake PAC • Backed by Tether US unit, tied to USAT stablecoin under GENIUS Act • Signals
📢 Today’s Top Crypto Headlines: 🔥 Ethereum Strength Despite Market Dip • August on-chain volume hit $320B → highest since May 2021 • Driven by institutional allocations, ETF inflows & lower fees • DeFi TVL remains strong, staking continues to thrive • Reinforces $ETH as
📢 Today’s Top Crypto Headlines: 📉 Bitcoin’s “Red September” Risk • Historically, $BTC averages a -3.77% dip in Sept since 2013. • Current predictions: 75% chance of drop to $105K • Still, institutional adoption & maturing markets may cushion the seasonal effect if key
📢 Today’s Top Crypto Headlines: 🏦 BitMine Expands ETH Holdings • Despite the downturn, BitMine bought 190,500 $ETH last week. • Now holds 1.71M ETH (~$7.9B) • Maintains $562M cash reserve → capacity for further buys • Total assets down from $8.8B peak due to market dip.
📢 Today’s Top Crypto Headlines: ⚖️ SEC & CFTC Cooperation • Exchanges with existing registrations from either body can now offer spot crypto trading services legally • Aims to boost institutional trust, liquidity & compliance clarity • Positions the U.S. as a stronger hub
🚨 US Congress is back from recess and crypto is now front and center. 🏛️ Senate Banking aims to revise the market structure draft before September ends. 🌾 Senate Agriculture will follow with CFTC-focused proposals. 🇺🇸 Senator Lummis says the bill could be signed into law by
🚨 Regulatory Shift in Crypto 🚨 SEC’s Paul Atkins unveiled Project Crypto: ✅ Clear & predictable rules ✅ Most tokens not securities ✅ On-chain fundraising made compliant ✅ One framework for trading, lending & staking ✅ “Minimum effective dose” regulation to stop monopolies
📢 Today’s Top Crypto Headlines: 🥇 Tokenized Gold Rally • Gold neared $3,499/oz, its highest since April • Tokenized gold sector hit $2.57B market cap • @tethergold $XAUT & @Paxos $PAXG see strong inflows as investors hedge with digital gold. ⚡ WLFI Frenzy on Spot Launch
📢 Today’s Top Crypto Headlines: ⚡ Aave Token Volatility & WLFI Rumors AAVE swung sharply after rumors it would receive a 7% WLFI allocation. •WLFI denied the claims ❌ •But a past Aave DAO proposal for 7% WLFI tokens + 20% protocol revenue remains active •Price dropped
🚨 Big moves in DC 🚨 @Coinbase CEO Brian Armstrong says the Crypto Market Structure Act is gaining strong bipartisan momentum in the Senate after high-level meetings in Washington. He calls the process a “fast-moving train” with a real shot at passage this year. Executives
📢 Today’s Top Crypto Headlines: 🟣 Ethereum: Institutional Interest vs. Revenue Decline • Network revenue fell -44% MoM → $14.1M • Transaction fees dropped -20%, linked to Dencun upgrade • Concerns: weakened fundamentals vs. benefits of lower costs & staking yields • ETF
📢 Today’s Top Crypto Headlines: 💳 Stablecoin Payments Race Heats Up • Fireblocks launched a global #stablecoin payment network (100+ countries, 40 compliance partners). • Stripe introduced Tempo blockchain for enterprise payments. • With stablecoins at $260B+ cap,
📢 Today’s Top Crypto Headlines: 🏦 Nasdaq Proposes Tokenized Trading • Submitted plan to SEC: trade traditional + tokenized securities side by side • Orders merged into a single book, cleared via DTC, mirrored on-chain • If approved, tokenized settlements could launch Q3
ENA Token Now Available on BRIDGERS Cross-Chain Platform
**BRIDGERS adds ENA token support** for cross-chain routing with non-custodial execution. The platform continues expanding token availability after recently adding: - BGB (September 17) - ONDO (September 17) - KAITO and HYPE (September 15) - USDE (September 10) **Key features:** - Smart contract-powered routing - Aggregated liquidity from multiple sources - User maintains full wallet control - No custody of funds BRIDGERS operates as a routing protocol rather than a traditional exchange, computing optimal paths across DEXs and bridges while users retain asset control throughout transactions. [Try BRIDGERS](http://dapp.bridgers.xyz)
Fed Rate Cut Expectations Create Market Paradox
Markets are pricing in a **25 basis point rate cut** from the Federal Reserve, but the outcome may surprise investors. If the Fed delivers only the expected quarter-point reduction, the **dollar could strengthen** rather than weaken - opposite to typical market behavior following rate cuts. Key market implications: - Dollar rally potential despite rate cut - Stock markets may experience **profit-taking** - Trader expectations already fully priced in This scenario highlights how market positioning can create counterintuitive outcomes when central bank moves are widely anticipated.
Daily Community Check-in
The web3 community continues its daily ritual with another **gm gm** greeting on September 17th, accompanied by the familiar sun emoji. This represents part of an ongoing pattern of daily community engagement that has been consistent since February, showing the **persistent social fabric** of web3 culture. The simple greeting format demonstrates how decentralized communities maintain connection through shared rituals and common language across months of activity.
Major US Banks Explore Stablecoin Launch Through Zelle Parent Company
**Early Warning Services (EWS)**, the company behind Zelle and backed by major US banks including **Bank of America, JPMorgan, Wells Fargo, and PNC**, is exploring launching its own stablecoin. This development could significantly impact: - US payment systems integration - Everyday banking operations - Digital asset adoption by traditional finance The move follows JPMorgan's recent trademark filing for "JPMD" in June, suggesting broader blockchain initiatives across major banking institutions. **Why this matters:** EWS already processes millions of transactions through Zelle, giving it established infrastructure and regulatory relationships that could accelerate stablecoin adoption in mainstream banking.