Strategy bought zero bitcoin last week, choosing instead to stack billions in cash and buy back preferred stock as Michael Saylor’s company loaded its balance sheet for whatever bitcoin or its own securities throw at it next. The Tysons Corner, Virginia-based company revealed on Monday, Aug. 24, that not a single bitcoin changed hands from […]via Jamie Redman
Abraxas Capital has piled into a $783 million short position on Hyperliquid even as bitcoin’s biggest weekly rally since March 2023 forces billions of dollars in bearish bets to unwind elsewhere. Whales Hold Short Positions Through the Surge Abraxas Capital, Fasanara Capital, and Wintermute together are holding onchain short positions of 138,569 ETH and 3,425 […]
Solana kicked off its first formal governance vote on August 22, 2026, putting three proposals, including a plan to double annual disinflation to 30%, in front of validators through August 27. Three Proposals, One Vote The Solana network continued on its path of backend proactiveness this week, opening its first governance vote to validators yesterday, […]
Gold surged to its highest price in three months this week, climbing past $4,600 an ounce and brushing $4,650 in futures trading, as the U.S. Treasury’s expanded bond buybacks revived fears of a weakening dollar. Gold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed to a three-month high above $4,620 an ounce as Treasury […]
Since Paul Sztorc’s ECX hard fork kicked off, more than 25,092 blocks have been mined during the Alpha phase, and block times have swung wildly. The network has already chewed through several difficulty adjustments, with some delivering massive upward jolts. ECX Blasts Through 25,000 Blocks in 13 Hours Bitcoin’s latest fork has kicked off its […]
This week, bitcoin awoke from its slumber, springing out of bed. Going in, bitcoin volatility was as compressed as it has been in a decade, with BVOL 7D at 2.82, the sixth-lowest reading in ten years, described at the time as a “historically stretched elastic band.” Fidelity’s Jurrien Timmer, writing days before the move, had […]
Stablecoins promise a constant $1, yet USDC has traded at $0.87, Tether’s USDT at $0.88, and Terra’s UST collapsed to virtually zero in a crash that erased roughly $40 billion. As recently as November 2025, a DeFi stablecoin called xUSD lost more than half its value in a single day. The Peg Is a Promise, […]