An account followed by President Trump launched a Solana token called GOLD this week, then dumped its entire 224.5 million-token stake for a $312,000 profit within hours. A Familiar Playbook, a New Wallet Fifteen wallets were all it took as onchain sleuths flagged the GOLD token shortly after realtrumpcoins, an X account followed by President […]
U.S. spot bitcoin exchange-traded funds (ETFs) snapped a nine-day, $3 billion buying streak with a $202 million net outflow on August 28, even as spot ethereum ETFs added another $102 million the same day. A Nine-Day Run Comes to an End The party lasted nine trading sessions starting August 17, when U.S. spot bitcoin exchange-traded […]
A quantum-resistant bitcoin transaction using Starkware researcher Avihu Levy’s QSB method has been mined on mainnet without a soft fork or changes to Bitcoin’s consensus rules. The experiment offers an opt-in defense against future quantum attacks, though it remains costly, nonstandard, and far from a network-wide solution. Starkware Shows Bitcoin Can Add Quantum Defense Without […]
The NFL signed new multi-year sports betting deals with Draftkings, Fanduel, and Fanatics on Thursday, ending a five-month gap without an official sportsbook partner. All three agreed to bar wagers on injuries and officiating, which the CFTC has proposed restricting on prediction markets. The league has no deals with any such entity, and has confirmed […]
Dunamu, the operator of Upbit, signed a strategic partnership with Visa on Aug. 27 to build stablecoin and artificial intelligence (AI)-driven payment infrastructure, the companies announced in San Francisco. Upbit’s Parent Company Teams up With a Global Payments Giant Executives from Dunamu and Visa met in San Francisco to formalize a partnership covering stablecoin payments, […]
One number tells the story of bitcoin’s week gone by: $14,264. That’s how much bitcoin’s price added in seven days, the largest single-week dollar gain the asset has ever recorded. The Week by the Numbers Bitcoin closed out the trading week (ending Aug. 23) gaining $14,264, or 22.7%, to end at $77,387, enough to make […]
Polish Olympic Committee President Radosław Piesiewicz has been detained as part of a criminal investigation into the collapse of cryptocurrency platform Zondacrypto. Olympic Leader Facing Fraud Probe Radosław Piesiewicz, the president of the Polish Olympic Committee (PKOl), has been detained in connection with a growing criminal investigation into Zondacrypto, a collapsed cryptocurrency firm that previously […]
A federal judge tore up the Pentagon’s “supply chain risk” label on Anthropic late Thursday, ruling that the Trump administration illegally punished the artificial intelligence (AI) firm for refusing to let the military weaponize its Claude models. A Blunt Rebuke From the Bench U.S. District Judge Rita Lin of the Northern District of California handed […]
Two Solana proposals could sharply reduce token issuance while increasing burns, potentially cutting staking yields roughly in half within two years. The trade-off is lower income for stakers in exchange for a tighter long-term supply profile for SOL. 21Shares Sees Solana Emissions Falling by up to $1.5 Billion Solana is moving toward a leaner monetary […]
Bitcoin and ether ETFs extended their inflow streaks to eight sessions on Wednesday, attracting $232.12 million and $192.35 million, respectively. XRP, HYPE and solana funds also drew fresh capital, keeping the late-August buying run broad. Bitcoin ETFs Add $232M as Blackrock Keeps Setting the Pace Eight sessions into the current run, institutional appetite for crypto […]
Kalshi is in advanced talks to become a sponsor of The Athletic, filling a commercial slot the sports title has left open since its exclusive Betmgm partnership lapsed. No agreement has been signed yet, and any deal would need approval from the New York Times’ parent company. Talks Would Fill a Slot Left by an […]
Rockawayx has acquired digital asset hedge fund Relayer Capital, adding a directional long-short strategy to its roughly $2 billion investment platform. Relayer founder Austin Barack will remain in charge as CIO of the newly renamed Rockawayx Liquid Opportunities Fund. Rockawayx Targets Mispriced Crypto Assets With Relayer Acquisition Rockawayx is expanding its liquid-markets business with the […]
The world’s money supply has reached a record milestone this week and at the same time, bitcoin’s price spiked 21% higher over the last seven days. Some believe bitcoin might be playing catch-up and moving toward the massive liquidity parked inside the modern financial system. Global M2 Blows Through Record Territory Just like the global […]
Bitcoin’s Bull Score, a Cryptoquant gauge of market health, jumped from 30 to 80 in a single week as bitcoin rallied to $81,000, though the firm says a weekly close above $83,000 is still needed to confirm a new bull market. The Fastest Bull Score Flip in a Year Cryptoquant’s Bull Score, an index the […]
Hyperliquid officially activated “AQAv2” today. The mechanism is designed to route yield from billions in USDC reserves into automatic buybacks and burns of its HYPE token, with Circle and Coinbase running the plumbing behind it. What AQAv2 Does Hyperliquid’s validators approved the AQAv2, or “Aligned Quote Asset v2,” framework with 69.08% support. It extends an […]
Circle minted roughly 5 billion USDC over the past week, according to onchain trackers, in one of its largest weekly issuance pushes yet. A Record Week for Fresh Supply Onchain analytics platform Solscan revealed the roughly 5 billion USDC mint earlier today, with analysts noting that the issuance is just one of many billion-dollar mints […]
BitMEX co-founder Arthur Hayes argued in a new research note that the U.S. Treasury’s expanded bond buyback program marks the start of a fresh bitcoin bull market, as BTC trades above $80,000 for the second day running. Buybacks, Yields and Bitcoin Price’s Rally Arthur Hayes, the BitMEX co-founder and Maelstrom Chief Investment Officer, released a […]
Zcash’s rally to a record of about $890 has sharply widened its existing mining revenue advantage over bitcoin and AI high-performance computing, highlighting how quickly the relative value of electricity can change across competing compute markets. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly […]
Two bitcoin wallets, possibly controlled by the same trader, closed a long position held for nearly two months earlier today, resulting in a $11.6 million profit as bitcoin traded near $81,000. Two Months, One Exit Blockchain analytics platform Lookonchain identified two addresses (0x5FA and 0x237) that may belong to the same trader. Both wallets closed […]
Michael Saylor’s Strategy swung from a roughly $9.5 billion unrealized loss to a $4.7 billion profit in about a week, as bitcoin price rally lifted BTC above the company’s $75,385 average cost basis. A Volatile Week for the Bitcoin Price Bellwether Strategy Inc. (Nasdaq: MSTR), the largest corporate holder of bitcoin by a big margin, […]