by Michael
Key TakeawaysBitcoin logged 2.27 million new wallets and 751,000 active wallets, its strongest reading in months.The spike follows a Coldcard firmware flaw that has drained more than $116 million in BTC since July 30.Exchange inflows stayed below July’s average,... 
by Michael
Key TakeawaysGate’s tokenized SPCX token logged $332M and $360M in volume on August 4-5 ahead of the unlock.SpaceX stock closed up 6.1% at $114.92 on August 6 despite 911.5 million shares unlocking.Morgan Stanley’s Adam Jonas called the unlock an entry point, with... 
by Michael
Key TakeawaysCircle renewed Coinbase’s USDC deal as Q2 revenue reached $701M, preserving a key distribution channel.USDC ended Q2 at $73.3B as Circle’s 150+ partnerships widened competition in stablecoin distribution.Circle ruled out quarterly dividends, betting... 
by Michael
Key TakeawaysGenius Sports signed Polymarket on Aug. 4 and Kalshi on Aug. 5.Genius booked prediction-market revenue in Q2, before either deal was signed.Q2 revenue rose 65% to $195.5M; Genius still posted a $76.7M net loss. One Data Supplier Playing Both Sides of the... 
by Michael
Key TakeawaysThe EU is set to revise the MiCA framework to allow excluded foreign stablecoins like Tether to operate.This regulatory review is heavily influenced by the U.S. GENIUS Act and Trump’s pro-stablecoin policies.Diplomats will also consider expanding the... Translate »
