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Crypto

Robinhood memecoin launch? CEO reaction fuels market expectations

Interest is growing in whether Robinhood could expand its memecoin lineup after CEO Vlad Tenev (블라드 테네프) reacted to a memecoin-related post. A community has interpreted the reaction as a signal of an expansion push, U.Today reported. The reaction began when an X user shared a July post proposing a “Robinhood memecoin.” Robinhood has gained momentum in crypto since launching Robinhood Chain, an Ethereum-compatible layer 2 network, and chain metrics have also lifted expectations.

Crypto

Bitcoin surges as tech stocks stall, driving short liquidations

Bitcoin jumped to the $69,000 range, triggering forced liquidations of $1.22 billion in short positions in just 1 hour, the report said. Ether broke above $2,000 and solana rose 11.52 percent to $85.41. CoinGlass data showed $1.46 billion in positions across 111,060 traders were liquidated over 24 hours, led by bitcoin. Market participants also pointed to a divergence between weaker AI-related stocks and stronger crypto prices.

Crypto

Ripple CEO appears at White House crypto summit as Trump steps up pro-coin push

Ripple CEO Brad Garlinghouse attended a White House cryptocurrency summit, but XRP did not show an immediate breakout move, U.Today reported. Garlinghouse appeared alongside administration officials, top financial regulators and industry representatives, without delivering a separate speech. The event focused on keeping the crypto industry in the United States and reducing regulatory uncertainty. Officials discussed proposed SEC rules, while industry leaders stressed legislation and asset tokenisation, including a Sept. 15 Senate procedural vote on the Clarity bill.