Circle’s USDC has become Chelsea’s new front-of-shirt sponsor in what is described as the Premier League’s first sponsorship deal of its kind. Financial terms were not disclosed, although earlier reports said Chelsea was seeking £65 million ($88.3 million) per year for the position.

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Circle has reached a front-of-shirt sponsorship agreement with Chelsea. Starting this season, its USDC stablecoin will be prominently displayed on the shirts of the club’s men’s, women’s and academy teams.

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Warsh’s Jackson Hole speech could shape expectations about Federal Reserve support for Treasury buybacks, with potential consequences for bitcoin, gold and long-term yields.

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Rae Wee looks ahead to the day in European and global markets as Warsh heads into the Jackson Hole hot seat.

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XRP treasury firm Evernorth said the S-4 registration statement tied to its merger with SPAC company Armada is now effective, clearing the way for its planned Nasdaq listing.

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World Liberty’s proposed trust bank has received preliminary federal approval, according to the Wall Street Journal. The Trump-backed crypto venture is deepening its ties to a senior UAE official who backs taking a 49% stake in the project.

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Fed chair Kevin Warsh will need to reassure markets in his forthcoming speech.

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Crypto traders are watching for Fed Chair Kevin Warsh’s speech in Jackson Hole. One analyst expects him to take a tough stance on inflation, while still predicting that the Fed will delay rate hikes until at least after the November midterm elections.

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Investors are preparing for Kevin Warsh’s first speech as chair of the US Federal Reserve at the central bank’s annual economic policy meeting. His comments on the US interest-rate outlook at Friday’s Jackson Hole symposium could offer clues for markets, including stocks and bonds recently pressured by rising Treasury yields.

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Treasury yields edged lower as investors prepared for the release of initial jobless claims data and a closely watched speech by Federal Reserve Chair Kevin Warsh.

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Prosecutors are investigating allegations that Zondacrypto CEO gave Radosław Piesiewicz a €40,000 watch to help overcome regulatory hurdles. Piesiewicz has been arrested as part of the probe.

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Ethena’s token surges after a buyback vote and an overhaul of venture-capital unlocks improved its outlook. The changes seek to reduce selling pressure from investors and direct protocol revenue to ENA as Ethena works to revive USDe growth.

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Bitcoin is testing its largest supply cluster around $80,000 while trading near the key 50-week moving average and the average price paid by ETF holders.

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South Korea’s Mirae Asset is reportedly targeting a $109 billion digital asset business centered on Digital X, with profitability planned by 2027.

Mirae AssetDigital Xdigital assetsSouth Korea

Bitcoin held steady above $79,000 on Thursday as spot bitcoin ETFs recorded their eighth consecutive day of net inflows. Altcoins broadly drifted lower.

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South Korea’s Shinhan will use Visa’s stablecoin platform for initiatives focused on “future finance.” The two companies will also test stablecoins in card payments, AI-based future payment models, and B2B and B2C payment businesses.

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