by Michael
Key TakeawaysThe House marked 1 year since passing the CLARITY Act, but the digital asset bill remains stalled in the Senate.Experts warn that removing Section 604 could subject noncustodial crypto developers to the Bank Secrecy Act.A Senate vote is expected before...
by Michael
HYPE must reclaim $62.16 to target the next resistance at $64.55. HIP-4 introduces permissionless prediction markets on Hyperliquid. Creating a market requires a 500,000 HYPE bond with slashing risk. Hyperliquid (HYPE) has spent the past month trading below its...
by Michael
Key TakeawaysMorgan Stanley overtook Goldman Sachs as the top AI debt-deal bank as global AI issuance nears $570B in 2026.Morgan Stanley CEO Ted Pick says 2026 data center capex is running near $850B, up from a $575B forecast.Morgan Stanley and JPMorgan are arranging...
by Michael
Key TakeawaysBitmine’s ETH treasury hit 5.78 million tokens and $11.5 billion in total holdings on July 19.Bitmine repurchased 5.5 million shares at a $15.6156 average under its $4 billion buyback plan.Bitmine staked 4.9 million ETH through MAVAN, projecting up to...
by Michael
Key TakeawaysStrategy sold 2.73 million MSTR shares, generating $263.5 million while making no bitcoin purchase during the week.Bitcoin holdings remained at 843,775 BTC, with Strategy’s last disclosed acquisition occurring on June 22.Strategy’s dollar reserve reached...
by Michael
Key TakeawaysBrian Armstrong said July 20 that hash power leaving Bitcoin doesn’t set its price, citing the currency’s difficulty adjustment as his core argument.Bitcoin’s difficulty fell 5% to 127.17 trillion on July 11 after hashrate dropped 7.9% to 908 EH/s in ten...
by Michael
Key takeaways Solana (SOL) traded lower on Monday, extending its corrective trend from early July. Institutional demand remains subdued, with SOL ETFs recording less than $1 million in inflows for a second consecutive week. Futures Open Interest declined while trading...
by Michael
Key TakeawaysChamath Palihapitiya said marginal liquidity now prefers prediction markets and equities over bitcoin.Bitcoin’s hashrate slid 7.9% to 908 EH/s this month, forcing a 5% difficulty cut as miners eye AI computing deals.Polymarket traders give bitcoin just...
by Michael
Key takeaways LayerZero (ZRO) fell about 3% on Monday, extending last week’s 9% decline. The network is set to unlock 25.71 million ZRO tokens, equivalent to 4.6% of the total supply, increasing potential selling pressure. Despite bearish price action, futures trading...
by Michael
Key TakeawaysDrake’s $1.5M USDT bet on Argentina at +245 odds died when Ferran Torres scored Spain’s extra-time winner.Another Polymarket whale turned a $1.95M bet on Spain into a $1.35M profit while a rival lost $1.23M backing Argentina.Drake has now dropped $5.7...
by Michael
Key TakeawaysIran’s rial fell to about 1.95 million per dollar on July 20, days after breaking the previous record of 1.9 million set May 4.The IMF projects Iran’s economy will contract 6.1% in 2026, with average inflation expected to reach 68.9%.Bitcoin traded near...
by Michael
Key TakeawaysTroy Hunt plans to drop crypto donations because strict Travel Rule laws make small tips impossible.Coinbase required extensive sender data for a $6 donation, disrupting anonymous peer-to-peer funding.AUSTRAC enforced Travel Rule mandates on July 1,... Translate »