Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy’s common stock rose 10% in Friday premarket trading to $120, the highest level in two months. Source:CoinDesk
Live updates: Bitcoin, ether ETFs pull in $800 million as inflows surge for a second day
Spot bitcoin ETFs pulled in $606 million on Aug. 20 and ether funds $221 million, both bigger than the prior day, confirming the institutional bid behind…
MANTRA token plunges 18% to record low as blockchain halts after exploit
The token touched $0.004126 minutes before the network stopped producing blocks, while MANTRA later said an attacker exploited a vulnerability in software used…
Ripple backs an RLUSD credit fund amid XRP's best week in months
Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting…
Bitcoin, ether and solana climb as another $1 billion shorts get wiped out
The twoday short liquidation total has reached about $3.8 billion, after Thursday's figure set a record going back to 2021. Source:CoinDesk
Bitcoin pushes past $75,000 as rally continues.
"Bears in pain, right now," wrote bitcoin analyst James Check. Source:CoinDesk
A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28. Source:CoinDesk
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won't sit idle.…
Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist
Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer. Source:CoinDesk
Bitcoin's jump above $71,000 sets up bullish golden cross pattern
Bitcoin’s improving momentum could produce a golden cross, but the rally still faces an important test. Source:CoinDesk
Crypto for Advisors: What are tokenized deposits?
Banks are moving deposits onchain using permissioned systems, not open ones. See why privacy and compliance dictate this path in this week's newsletter.…
Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users
The approved plan reallocates 546.9 million OP from user airdrops to a Foundationcontrolled Strategic Ecosystem Fund. Source:CoinDesk