by Michael
Key TakeawaysHYPE hit an all-time high of $82 yesterday, up 38% over the past week.Multicoin Capital moved 308,884 HYPE, worth $19.8 million, to Coinbase Prime.Trump’s CFTC comments fueled HYPE’s rally on August 19-20, even as sell-pressure concerns persist. Fresh...
by Michael
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether...
by Michael
Key TakeawaysBitcoin rose as high as $79,500 this week as the US Treasury doubled bond buybacks to $4 billion per operation.Automated liquidation engines force-closed 172,108 short positions earlier this week, the worst since 2021.Traders are now watching whether...
by Michael
Key TakeawaysGensynAI’s Jeff Amico warns RWA vault users may lack direct claims despite rising tokenized lending.Pareto and FalconX offer 2 stronger safeguards: credit agreements and clearer default rights.RWA growth now hinges on better legal protections and offchain...
by Michael
Key TakeawaysFactblock CEO Andrew Park highlighted South Korea’s shift from retail crypto trading to institutional finance.Policy moves now give 3,500 corporate entities legal account access to trade digital assets in South Korea.The Bank of Korea plans phase 2 trials...
by Michael
Key TakeawaysTrading revenue is becoming a smaller part of exchanges’ business.More rewards and incentives could emerge as exchanges compete to grow newer products and reduce their reliance on trading activity.A potential return of the bull market could revive trading...
by Michael
Key TakeawaysStanley Druckenmiller pivoted to digital assets, acquiring a $64.7M stake in crypto miner Bitdeer in Q2.He also bought $23.1M of Hyperliquid Strategies, securing indirect access to the surging HYPE token.Major funds like Citadel and Jane Street mirrored...
by Michael
Key TakeawaysHMRC’s crypto tax letters increased 25% to 81,000.Crypto exchanges and lending can produce taxable events.Global reporting will expand HMRC’s access to transaction data. HMRC Crypto Tax Letters Increase 25% The United Kingdom’s tax agency has intensified...
by Michael
Key TakeawaysTwo Binance employees were detained at U.A.E. airports and later released.A third Binance executive was questioned by police in July.Some employees were linked to a corporate bank account tied to the exchange. Employees Held After Airport Stops, Then...
by Michael
Key TakeawaysBitcoin buyers from the past five months profit above $68,000.Coins sent to exchanges in profit are the rally’s biggest threat.Bitcoin ETFs pulled in $606 million on Aug. 20, the most since May. Why Bitfinex Sees a Longer Runway Than a Squeeze Bitcoin’s...
by Michael
Key TakeawaysETH, SOL and BNB could gain from increased onchain issuance.Crypto projects could raise up to $75 million under the proposal.Some tokens could exit investment-contract treatment under a safe harbor. Grayscale Identifies Three Potential Beneficiaries...
by Michael
Key TakeawaysAI agents could expand XRP use through delegated real-world spending.Spending mandates would define budgets, merchants and approvals.Agent software could select XRPL without users opening wallets. AI Agents Could Expand XRP Commerce A new phase for XRP... Translate »