Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200week moving average, a key longterm support level that the cryptocurrency has…
Counting down the days: State of Crypto
The Senate is going on its summer break in a week, leaving next to no time left to sort out its remaining priorities in August. And obviously, the fate of…
The future of crypto payments won't include on-ramps or bridges, Fun CEO says
Alex Fine said standalone crypto payment rails are becoming obsolete as platforms shift toward unified funding flows that abstract away blockchain complexity…
The reverse bridge: Crypto meets Wall Street using perps
Crypto exchanges built perpetual futures for digital assets. Now they are using them to offer 24/7 exposure to stocks, commodities and indexes. Source:CoinDesk
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the…
Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month. Source:CoinDesk
Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million
Galaxy Research flagged a third wave of sweeps tied to weak Coldcardgenerated keys, with the attacker now targeting smaller balances and changing how funds are…
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. Source:CoinDesk
Bank of Italy research suggests stablecoins aren't necessarily cheaper for remittances
A mysteryshopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than…
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through yearend. Source:CoinDesk
SEC to review Nasdaq bitcoin options approval after CME challenge
CME argues that because bitcoin is a commodity, options tied to its value fall under CFTC jurisdiction, not the SEC's authority. Source:CoinDesk
Solana Foundation's new CISO warns AI is making crypto scams more convincing
Michael Coates, the foundation’s new CISO, said that AI vulnerabilities and fake identities will drive the next wave of blockchain security concerns.…