by Michael
Key TakeawaysGarlinghouse called the gold relocation an ideal crypto use case.Most of the 86 metric tons were sold in New York and rebought in London.The operation improved access to gold during a potential crisis. Garlinghouse Contrasts Gold Logistics With Crypto...
by Michael
Key TakeawaysCapital B bought 376 BTC for $29.4M, lifting its bitcoin treasury to 3,521 BTC.Adam Back and TOBAM-backed funding show firms still using equity markets to expand bitcoin treasuries.Investors will watch whether bitcoin gains can close Capital B’s roughly...
by Michael
Key TakeawaysBitcoin’s 90-day gold correlation rose to 0.57 as Nasdaq-100 correlation fell to 0.22.Cathie Wood says the shift supports bitcoin’s case as a maturing monetary asset, not just a tech trade.A break above $83,000 could confirm the shift; failure may revive...
by Michael
Key TakeawaysDBS and Citi basically pulled off a USD payment in just minutes this weekend using Swift’s ledger. Pretty quick compared to how TradFi cross-border payments usually work.Swift’s 17-bank pilot is pushing tokenized deposits closer to becoming an actual 24/7...
by Michael
Key TakeawaysAnalyst flagged a record $9.07 billion in short-term whale paper gains.The metric eased to $7.51 billion but remained historically high.Elevated profitability may increase the risk of whale selling. Bitcoin Whale Paper Gains Reach a Record Short-term... Translate »