The market this morning

All major banks now forecast a Fed rate hike next week, CoinDesk reports, as crypto majors close lower

By Crypto Info News

Good morning. CoinDesk reported that Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. In the same piece, an economist argued the expected move is about Wall Street, not inflation. The report sets up a Fed decision as the week's first fixed point.

Regulation is the second. CoinDesk described the crypto industry's Clarity Act as a "Schrödinger's cat in life-death limbo" as the U.S. Senate returns, with a September 15 vote awaited that might happen, might be delayed, or might reappear in another form. A separate CoinDesk piece, framed as a "vibes-based analysis," asked whether Clarity is dead and answered: "I dunno, flip a coin." Both outlets left the outcome open.

Cointelegraph reported that Revolut said customer data — passports, selfies and financial transaction histories of some customers — was revealed to a fraudster using a government agency domain. The Block reported that the exposed data included KYC and Bitcoin transaction data after a fake request from a government domain, and that onchain investigator ZachXBT speculated the incident may have been targeting high-net-worth users.

On DeFi security, The Block reported that Symbiosis said it recovered 15 BTC after a Bitcoin bridge exploit and offered the attacker a 20% bounty. Blockchain security firm Blockaid said roughly 46.1 billion syBTC were minted but the attacker realized only about $336,000 in proceeds.

AI ran through the day. Cointelegraph reported that Anthropic's chief urged a slowdown in AI development to a safer pace, and that OpenAI CEO Sam Altman agreed with safety concerns and said there would be no initial share sale this year. CoinDesk reported Altman told Fortune: "Given everything happening with safety, right now would be an ill-advised moment to go public." Decrypt reported that TRM examined roughly $52.7 million across 198.9 million settlements using the x402 protocol and said most of it isn't coming from AI agents.

In markets and business: The Block reported that CryptoQuant said bitcoin must clear resistance at $81,700 to confirm a new bull market and needs to clear levels stretching to $88,700; bitcoin ended Sunday near $76,819, below both. CoinDesk reported that Bitcoin Suisse plans to cut up to half its Swiss jobs, closing its Copenhagen IT site while maintaining Bratislava and opening a hub in Vietnam. CoinDesk reported that Circle's $400M Tazapay deal buys emerging-market links, with one expert calling emerging markets stablecoins' "next battleground." The Block reported that Mexican authorities raided a hidden crypto mine on suspicion of power theft and money laundering, and that Reuters reported it was the fourth crypto farm found in the area since early 2025, near a local hydroelectric dam.

In opinion, CoinDesk carried an argument by Optimum co-founder and MIT professor Muriel Médard that blockchains don't need quantum computers to be quantum-safe, and that classic math already provides the tools.

All six majors in the snapshot ended lower over 24 hours, with bitcoin near $76,819 and its market capitalisation above $1.5 trillion.