BTC breaks through the $87000 mark

CME Federal Reserve observation data shows that the probability of keeping interest rates unchanged at 3.75% -4.00% at the October meeting is 43.5%, and the probability of raising interest rates by 25 basis points is 56.5%; The probability of keeping interest rates unchanged at 3.75% -4.00% until December is 9.7%, the probability of a cumulative 25 basis point interest rate hike is 46.4%, and the probability of a cumulative 50 basis point interest rate hike is 43.9%.

Robinhood CEO Vlad Tenev stated that cryptocurrency prediction contracts continue to grow in market share in Robinhood's predictions, and it is expected that sports contracts will decrease to a minority in the coming years. Robinhood's Q2 2026 event contract revenue increased more than tenfold year-on-year to $156 million, with 4.7 billion contract transactions in August, approximately 15 times the same period in 2025. Robinhood builds a prediction market based on Kalshi, providing services through its joint venture Rothera with Susquehanna, and has invested in Crypto.com and its prediction market subsidiary OG.com.

Iris Rabaya Au, a woman from Irvine, California, has been sentenced to 18 months in federal prison and is required to pay $1.484 million in compensation for failing to declare illegal gains exceeding $2.6 million to the IRS. Iris Rabaya Au assisted cryptocurrency fraudster Adam Iza in concealing funds, including $1 million paid to the Los Angeles County Police Department, nearly $10 million in entertainment expenses, and $16 million in cryptocurrency purchases. (Source: US Department of Justice)

Spaces launches Trust Anchor, allowing applications to directly verify human readable identities based on Bitcoin without relying on centralized servers. After obtaining a single Trust ID, users can scan or paste it into a Space compatible application to verify their identity based on the locally verified Space protocol status. The Trust ID is generated by the Bitcoin block header chain and the accumulated status of Spaces. The Veritas application on macOS can generate this ID without running the entire Bitcoin node, and users can also connect to personal nodes or generate it through the Spaces client. This scheme uses Bitcoin as the basis for a decentralized certificate authority, allowing applications to authenticate their identities without trusting company servers. (Source: Bitcoin News)

Robinhood CEO states that cryptocurrency will surpass sports betting in predicting the market.