U.S. spot bitcoin ETFs drew $517.19 million on Wednesday, their strongest daily inflow since May 4, as bitcoin climbed above $70,000. Ether funds also surged with $189.15 million in net inflows, while XRP and solana ETFs finished higher. Bitcoin ETFs Add $517M as Bitcoin Breaks Above $70,000 A price breakout quickly turned into an ETF […]
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Schiff Dismisses Bitcoin’s $72k Surge as Treasury-Fueled Fakeout
Peter Schiff, a known bitcoin critic, argued that the bitcoin rally was fake, a result of investors rushing to position liquidity as the Treasury buybacks announcement caught markets by surprise. Paradoxically, he recommended investing in gold for the same reasons. Economist Peter Schiff Labels Bitcoin’s Surge over $72K as a Fakeout As bitcoin has once […]
Read MoreBitcoin Hits $72,850 as Traders Lose $650M in Shorts
Bitcoin surged past $72,000 to a session high of $72,850, gaining approximately 14% over four days and raising its market capitalization to $1.45 trillion. Intraday Price Action and Breakout Bitcoin’s unrelenting surge showed no signs of abating Thursday afternoon as the top cryptocurrency capitalized on pro-crypto sentiment from a White House meeting. Market data shows […]
Read More‘We’re Going to Increase the Buyback’: Treasury Boss Targets Bond Yields
Treasury Secretary Scott Bessent told CNBC Thursday that U.S. debt buybacks could blow past $4 billion per operation as Washington moves to steady a rattled long-term Treasury market and bitcoin trades above $72,000. Bessent Cranks Up the Pressure on Long-Term Yields The comments followed the Treasury Department’s decision Wednesday to at least double the maximum […]
Read MoreStrategy Breaks Down 6 Securities Built Around Its Bitcoin
Strategy has published updated explanations of MSTR and five preferred securities, showing how each divides bitcoin-linked corporate risk, dividend rights, and capital priority without granting investors direct ownership of the company’s bitcoin. Strategy Separates Equity From Preferred Income Strategy Inc. (Nasdaq: MSTR) announced Aug. 19 that it had published investor briefings covering its common stock […]
Read More11-Year-Old Dormant Bitcoin Wallets Move 1,214 BTC Worth $86M in 24 Hours
With bitcoin ripping to a weekly high of $72,400, vintage coins are suddenly crawling out of cold storage at a relentless pace. Over the last 24 hours, 1,314.41 BTC moved from long-sleeping bitcoin wallets carrying a combined value of $94 million. Approximately 1,214.42 BTC ($86M) of that total movement, all stemmed from wallets first seen […]
Read MoreTrump’s Hyperliquid Name-Drop Sends HYPE Charging Toward Record Highs
Hyperliquid’s HYPE token charged toward record territory after U.S. President Donald Trump revealed regulators are working on a legal pathway that could bring the crypto trading heavyweight into the American market. Trump Drops Hyperliquid Into Washington’s Spotlight Trump made the comments on Aug. 19 during a White House meeting with cryptocurrency, technology, and finance executives, […]
Read MoreSecuritize Brings Neuberger’s $230 Billion Credit Platform Onchain
Securitize has launched a tokenized fixed-income fund with Neuberger, extending institutional credit strategies onto public blockchains. The fund will invest mainly in high-yield bonds and will be available across Avalanche, Ethereum, Solana, and Sui. Securitize Launches High-Yield Bonds Across 4 Public Blockchains Securitize is pushing deeper into tokenized credit with a new fund that brings […]
Read MoreBTC Nears $72K as Altcoins Surge and Short Sellers Lose $3B
Driven by a U.S. Treasury announcement and bullish comments from President Donald Trump, bitcoin hit a session high of $71,992, pushing its market cap to $1.44 trillion. Bitcoin Nears $72,000 as Macro Rally Gains Steam Bitcoin maintained its upward momentum Thursday morning, approaching $72,000 as a rally sparked by a U.S. Treasury announcement showed no […]
Read MoreCFTC Seats Kalshi, Polymarket, Draftkings on Its New Advisory Panel
The Commodity Futures Trading Commission’s Innovation Advisory Committee holds its first meeting Thursday, with prediction markets on the agenda. Seven of its 35 members run companies at the center of the event-contract fight the agency is waging against nine state governments. Seven Seats for the Event-Contract Industry The CFTC’s Innovation Advisory Committee convenes for the […]
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