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Crypto

Why bitcoin cannot clear $80,000 as oil surge to $100 adds pressure

Bitcoin erased overnight gains after U.S. stocks opened on Sept. 9, as investors grew cautious ahead of U.S. producer and consumer price data. Major altcoins also fell. Brent crude climbed above $100 a barrel for the first time since July 23, adding pressure on risk assets, while Treasury yields stayed high. Spot bitcoin ETF flows turned negative on Sept. 8. In contrast, Zcash surged on ETF-related developments and the launch of options trading.

Crypto

DMCC tokenises 1,971-kg world\'s largest silver bar in Dubai

Dubai’s Dubai Multi Commodities Centre (DMCC) has begun issuing digital fractional stakes backed by a 1,971-kg silver bar listed as the world’s largest, CoinPost reported. The product is launched under Dubai crypto regulator VARA’s framework, with Tokinvest handling issuance. The token is issued as an asset-referenced virtual asset (ARVA) on BNB Chain. The physical bar is registered and verified on DMCC Tradeflow, while Brink’s handles storage and logistics.

Crypto

AIXC exits crypto treasury strategy, sells bitcoin and ether to pivot to robotics

Nasdaq-listed microcap AIXC has sold all of its digital assets and ended its cryptocurrency treasury strategy. In an amended S-1 filing with the U.S. Securities and Exchange Commission, the company disclosed plans to sell holdings including 33.49 bitcoin, 497.56 ether and 6,325.92 solana, as well as Chainlink, BNB and ADA. AIXC said it had about 50 percent unrealised losses and will pivot to robotics via its RoboShare platform.