by Michael
Key TakeawaysMSCI’s proposal could delete Strategy and Metaplanet from its Global Investable Market Indexes as soon as November 2026.A simulation shows Strategy fails at least four of five financial screens, the threshold for exclusion.The consultation stays open...
by Michael
Key TakeawaysBitwise partnered with Superstate to tokenize fund shares, with BSOL expected to be first.Bitwise’s $9B platform could push regulated ETF ownership further onto blockchain rails.BSOL tokenization still needs legal clearance as Bitwise reduces staff...
by Michael
Key TakeawaysKalshi removed all sports mention markets as the CFTC reviews them, NPR reports.Trump markets are 82% of the $1.16M in visible volume still listed on Kalshi.Washington bans the whole mentions category, with geofencing due by Sept. 2. Sports Mentions Are...
by Michael
Key TakeawaysBitcoin fell below $63,000 as spot ETF outflows topped $131 million.MSCI proposed rules targeting firms like Strategy with over 50% non-operating assets.MSCI will decide on Oct. 16, with potential November removals dimming bitcoin’s year-end outlook. BTC...
by Michael
The Testnet is now live and serves as the first phase of public testing before RealFi’s mainnet launch later this year. Participants can explore the full flow, from holding USDr to staking into sUSDr, and provide feedback that will help shape the mainnet release. USDr...
by Michael
Key TakeawaysSpaceX completed the Cursor merger at a $60 billion equity value.Cursor shareholders gained rights to 389.3 million SpaceX shares.The deal expands a partnership built around large-scale AI compute. SpaceX Closes $60 Billion Cursor Acquisition Space...
by Michael
Key TakeawaysBitcoin’s hashrate sits roughly 17% below its all-time high.Hut 8’s contracted AI infrastructure portfolio alone has reached $26.6 billion.CoinShares projects AI and HPC work could supply 70% of listed miners’ revenue by the end of 2026. Hashrate Pulls...
by Michael
Key TakeawaysBitgo’s Q2 revenue jumped 80% to $4.3B, but it still posted a $19M net loss.Bitgo’s $65.2B in assets and 148% growth in stablecoin assets show rising institutional crypto demand.Bitgo targets $15M in annual savings and a $50M buyback as it pushes AI and...
by Michael
Key takeaways SharpLink Gaming plans to stake $200 million worth of Ethereum through Lido. The allocation will be converted into wrapped staked ETH and held with Anchorage Digital. wstETH enables SharpLink to earn staking rewards while retaining access to DeFi...
by Michael
Key TakeawaysARK 21Shares led $131.13M in bitcoin ETF outflows on Thursday as selling spread across major funds.Ether gained $6.72M and XRP $2.25M, showing demand shifting beyond bitcoin.BMO and National Bank of Canada disclosed XRP exposure, putting 2 banks in the...
by Michael
Key takeaways Bitcoin trades near $63,567 on Friday after rebounding from support around $62,300. BTC remains below its 50-day, 100-day and 200-day EMAs, preserving the broader bearish bias. The RSI at 46 and a negative MACD signal weak momentum despite the recent...
by Michael
Key TakeawaysA whale placed $203.47 million in limit short orders on tokenized SPCX between $141.93 and $142.90.Tokenized SPCX volume hit $700 million over two days in early August around a 911.5 million-share unlock.Elon Musk separately disclosed a 48.4% SpaceX stake... Translate »