Solana’s (SOL) Strong Rally, The Latest Ethereum (ETH) Forecasts, and More: Bits Recap August 28
A closer look at the performance of SOL, ETH, BTC and some of the latest price predictions.
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A (A) — News
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Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
Bitcoin profitability data produced a bear-market reversal signal that was also present at the start of 2023.
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ETH ETFs pull in $713M this week, closing the gap on Bitcoin’s $884M
Ethereum's rising ETF inflows signal a shift towards multi-asset crypto investments, challenging Bitcoin's dominance and diversifying portfolios. The ...
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NOWPayments Adds USD1 Support, Dashboard Payouts, and Pricing Updates
NOWPayments is an all-in-one crypto payment ecosystem for businesses of every size. From accepting funds and sending payouts to managing balances, con...
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Bitcoin Rally Faces a Massive $6.36B Options Expiry Test Today
The expiry has a 0.85 put/call ratio, meaning that calls are slightly ahead of puts across outstanding contracts.
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Goldman Sachs packages synthetic total-return swaps on Big Tech credit as hyperscaler CDS spreads widen
Goldman's synthetic swaps offer investors a strategic tool to navigate tech credit volatility, reflecting broader shifts in market risk perception. Th...
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Chelsea remains without permanent shirt sponsor as Circle Internet Group link unconfirmed
Chelsea's ongoing lack of a permanent shirt sponsor highlights challenges in securing lucrative, long-term commercial partnerships. The post Chelsea r...
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Sanctum surpasses Jupiter Exchange as top protocol on Solana by TVL
Sanctum's rise highlights a shift in Solana's DeFi landscape, emphasizing the growing appeal of liquid staking over traditional DEXs. The post Sanctum...
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Foreign investors poured a record $800B into US stocks, and the biggest buyers might surprise you
The surge in foreign investment in US stocks highlights global confidence but raises questions about the sustainability of such growth rates. The post...
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Polish Olympic Chief Detained in Crypto Fraud Probe
Polish Olympic Committee President Radosław Piesiewicz has been detained as part of a criminal investigation into the collapse of cryptocurrency platf...
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Trump declares Strait of Hormuz open as commercial traffic tells a different story
The disparity between political claims and actual shipping data highlights ongoing geopolitical tensions, impacting global oil markets significantly. ...
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Judge Rules Trump Administration Illegally Retaliated Against Anthropic Over AI Red Lines
Rita Lin vacated the supply chain designation and issued a permanent injunction, refusing the government even a seven-day stay.
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Japan’s foreign exchange intervention hits record 15.4 trillion yen in a single month
Japan's record currency intervention highlights the unsustainable reliance on foreign reserves, risking economic stability and global market impacts. ...
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Why Did a Judge Just Kill the Trump Administration’s Anthropic Ban?
A federal judge tore up the Pentagon’s “supply chain risk” label on Anthropic late Thursday, ruling that the Trump administration illegally punished t...
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ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue int...
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Pi Network’s Major AI Change Is Now Live: Here’s What Pioneers Need to Know
The latest features expanded Pi Desktop's capabilities with a local AI agent and a tool designed to connect AI assistants with Jira.
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Why $80,000 Could Be Bitcoin’s (BTC) Most Important Level Right Now
A steady move above $80,000 could return significant Bitcoin capital to profit, but resistance near $84,569 remains a major hurdle.
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Brazil Deploys Crypto Alerts System to Neutralize Cyber Threats
The Central Bank of Brazil is advancing the implementation of a crypto threat system for banks and national crypto exchanges. The system, already deve...
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Trump Crypto Empire Faces Scrutiny Over 49% Saudi Linked Stake in New Bank
World Liberty Financial won conditional OCC approval for a trust bank tied to USD1, with a Tahnoon-linked entity holding 49% of its venture. The post ...
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Bitcoin Faces a Dual Test From Dealer Hedging and the Fed
Bitcoin's $6.44B Deribit expiry meets Kevin Warsh's Jackson Hole speech, putting $75,000-$80,000 strikes and dealer hedging in focus. The post Bitcoin...
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XRP Treasury Giant Evernorth Moves Closer to Nasdaq Debut After SEC Milestone
The company's public-market strategy centers on holding and actively managing XRP as a corporate treasury asset.
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US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide nearly a percentage po...
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Yotta Data Services plans to access capital markets amid AI demand
Yotta's capital market entry could significantly boost India's data infrastructure, positioning it as a key player in the global AI economy. The post ...
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Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ
Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank.
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New York Stock Exchange opens Dallas outpost to boost listings
The NYSE's expansion into Texas signifies a strategic shift, potentially reshaping the U.S. financial landscape and enhancing regional influence. The ...
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UK Gives Bank of England New Stablecoin Innovation Mandate
The U.K. government plans to give the Bank of England a new secondary objective to support innovation in payments, including stablecoins and other for...
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Asset management industry sees record $54B in M&A activity as firms scramble for scale
The surge in M&A activity highlights a strategic shift towards consolidation, driven by fee pressures, globalization, and tech integration. The post A...
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Stripe consortium reportedly drops pursuit of PayPal after board rejects $53B bid
The failed acquisition highlights the challenges of valuing fintech giants and may signal a cautious approach to future large-scale consolidations. Th...
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NZ’s ACT Party Proposes Waiving Capital Gains Tax on Crypto
ACT, a party with the fourth-largest representation in the New Zealand Parliament, is campaigning to modernize digital finance rules, proposing regula...
Aug 28open_in_new
PH Government and Meta Agree on Rapid-Response Pact, Shelving Facebook Ban Threat
Philippine regulators and Meta have agreed to establish a rapid-response hotline for harmful content, officially shelving the threat of a nationwide F...
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