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India’s Maharashtra state is considering tokenizing state-owned assets to raise funds for new infrastructure projects, with power transmission infrastructure emerging as a central focus, CoinDesk reported. Transmission lines generate ongoing fee income as they move electricity across the grid, but the large amount of capital invested in existing facilities is tied up and difficult to redirect to new projects. Against that backdrop, Maharashtra plans to tokenize 40% to 50% of its transmission infrastructure, distribute part of the revenue to investors, and secure funding through token sales for the state government. The funds would be used to build new transmission lines, expand solar power generation, construct energy storage facilities, and increase grid capacity. Asset tokenization for holdings beyond power infrastructure, including real estate, is also under review, according to CoinDesk.

ETH has fallen by 2.16% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,550.73.

ZEC has fallen by 3.03% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $1,157.62.

According to CoinNess market monitoring, BTC has fallen below $78,000. BTC is trading at $77,979.08 on the Binance USDT market.

Questions are spreading across X over whether Robinhood Crypto may have confused INDEX with a different token, Index Cooperative, after listing INDEX. Users pointed to the Robinhood app showing the asset as Index Cooperative, while the actual price chart allegedly does not match CoinGecko’s price trend for Index Cooperative and instead appears to closely track INDEX’s recent all-time high and current price moves. The community has raised concerns that Robinhood may have incorrectly identified or labeled the INDEX token as Index Cooperative. Robinhood has not issued an official statement.

The Smarter Web Company, an LSE-listed firm that has adopted a Bitcoin treasury strategy, plans to issue pound-denominated preferred shares backed by Bitcoin and raise up to £25 million ($33.8 million), according to Crypto Briefing. The company is pursuing an IPO to list a new class of preferred shares on the London Stock Exchange under the ticker MORE. Crypto Briefing said the minimum fundraising target is £10 million ($13.5 million), and if the company secures that amount and receives regulatory approval from the UK Financial Conduct Authority, the plan could set an important precedent in the UK capital market.

Crypto-related U.S. stocks were broadly higher, with Strategy (MSTR) up 5.71%, Coinbase (COIN) rising 5.34%, Circle (CRCL) gaining 5.23%, SharpLink Gaming (SBET) advancing 10.32%, MARA Holdings (MARA) climbing 6.69%, and Bitmine (BMNR) increasing 9.01%.

Bitcoin is not losing momentum but running into resistance, with technical indicators, valuation metrics, and on-chain data all pointing to overlapping resistance levels just above the current price, according to a CryptoQuant analysis. Until BTC breaks through those resistance levels, sideways trading or a correction is more likely than a resumption of the uptrend, the analysis said.

ETH has risen by 2.28% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,660.28.

Major exchanges have seen $236 million worth of futures liquidated in the past hour. In the past 24 hours, $609 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has risen above $79,000. BTC is trading at $79,004.09 on the Binance USDT market.

Major exchanges have seen $103 million worth of futures liquidated in the past hour. In the past 24 hours, $474 million worth of futures have been liquidated.

Julian Sawyer is stepping down as CEO of Zodia Custody and will take on an advisory role, Crypto Briefing reported. The move comes as Standard Chartered reshapes the company’s management structure during its acquisition of the business. In May, Standard Chartered said it would acquire Zodia Custody and fold the business into its financial and securities services division, and the deal has received approval from shareholders and bondholders.

ETH has risen by 2.30% in the past five minutes on the COINNESS market. Currently, ETH is trading at $2,579.46.

White House National Economic Council Chair Kevin Hassett said inflation has slowed markedly over the past three months.

The three major U.S. stock indices opened higher today. - S&P 500: +0.80% - Nasdaq: +0.80% - Dow Jones: +1.00%

BitcoinTreasuries said Strive’s SATA traded within $0.05 of its $100 par value in premarket trading. Strive has been accumulating substantial amounts of BTC each week since Aug. 10, and the funds raised through SATA so far this week are enough to buy more than 280 BTC. SATA can issue new shares to raise money for Bitcoin purchases only when its share price is above the $100 par value.

NEAR Protocol’s AI Cloud now offers an OpenAI-compatible API environment, allowing developers to use NEAR AI Cloud by keeping their existing OpenAI SDK and changing only the API endpoint and authentication key. According to CoinMarketCap, NEAR was trading at $2.6, up 9.04%, at the time of writing.

Morpho said on Sept. 10 that it will transfer operation of its mini app frontend in World App, part of the World ecosystem tied to WLD, to interface and curation firm Featherlend. The migration will take about 30 days, while only the mini app’s frontend and branding inside World App will change. Deposits, positions, and the underlying smart contracts will remain unchanged. Morpho plans to step back from running the mini app in World App and focus on development of its core app and protocol. The Morpho mini app is said to have attracted more than 2.2 million cumulative users and over 900,000 users verified through World ID. According to CoinMarketCap, MORPHO was trading at $2.37, up 6.09%.

Goldman Sachs economist Alexandra Wilson-Elizondo said today’s CPI largely matched expectations, a surface-level outcome investors had wanted, but added that uncertainty around the Federal Reserve’s rate decision next week has increased. Wilson-Elizondo said the latest data does not fully capture some recent price pressures and offers little evidence that inflation is moving back toward target in the near term. The survey period for the report came before the recent rise in energy prices and before commodity pressures spread from energy to metals and agricultural products, Wilson-Elizondo said. The economist added that today’s inflation data does not rule out the possibility of stronger price pressures ahead and suggests the Fed can keep a rate hike on the table without needing to act immediately. Market attention is likely to shift from today’s release to Fed communication, energy prices, labor-market data and subsequent developments, Wilson-Elizondo added.

CME FedWatch showed a 90.4% probability that the Federal Reserve will raise its benchmark rate by 25 basis points in September, up 18 percentage points from 72.4% yesterday, after the U.S. Department of Labor said just moments ago that August consumer price index rose 3.4% from a year earlier, matching market forecasts. CME FedWatch is a rate outlook tool provided by CME Group that calculates the probability of rate changes at upcoming FOMC meetings based on market expectations embedded in pricing for 30-day federal funds futures. As such, the gauge reflects how financial market participants are pricing the rate path rather than the Fed’s official outlook.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,010.37 on the Binance USDT market.

Major exchanges have seen $103 million worth of futures liquidated in the past hour. In the past 24 hours, $479 million worth of futures have been liquidated.

Crypto wallet service provider Exodus recorded $376.8 million in cryptocurrency swap volume in August, up about 20% from the previous month. Monthly active users were roughly 1.4 million, little changed from a month earlier.

U.S. crypto regulatory clarity will be secured regardless of whether the Clarity Act passes the Senate, Coinbase CEO Brian Armstrong said in a recent appearance on CNBC's 'Squawk Box Asia.' Armstrong said senators he has been in contact with support the bill. He added that even if the legislation does not pass, the U.S. SEC and CFTC appear ready to unveil regulatory proposals, which he said would deliver regulatory clarity either way.