Bitcoin, Stocks and Gold Rip Higher While Bond Market Fear Festers
Key TakeawaysBitcoin rose from about $62,653 to a $79,461 high, trading near $77,000 on Aug. 21.CME and Binance held about...
Business
Druckenmiller Bets $88m on Bitdeer and Hyperliquid Strategies
Key TakeawaysStanley Druckenmiller pivoted to digital assets, acquiring a $64.7M stake in crypto miner Bitdeer in Q2.He also bought $23.1M...
Treasury Boss Targets Bond Yields
Key TakeawaysBessent said Treasury buybacks could exceed $4 billion per operation.Bitcoin stands above $72,000 per unit Aug. 20 as long-term...
Securitize Brings Neuberger’s $230 Billion Credit Platform Onchain
Key TakeawaysSecuritize launched HINC with Neuberger, bringing $230B fixed-income expertise onchain.Securitize put HINC on 4 chains, pushing tokenization beyond Treasuries...
MoonPay Adds Cash App Pay for Crypto Purchases in US
MoonPay has integrated Cash App Pay as a payment option for cryptocurrency purchases, allowing eligible US customers to fund transactions...
Strategy raises $334M through stock sales but buys no Bitcoin
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion....
BitMart Account Demands Founder Explain Funds, Xia Calls Post Fake
BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce...
Copper US arm becomes FINRA member, SEC-registered broker-dealer
Copper Markets US will offer qualified custody, staking, financing and OTC services after securing its regulated US presence. Source link
Gemini posts $108M Q2 net loss despite 37% revenue growth
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped...
RedotPay US IPO Faces Delay Amid Regulatory, Legal Hurdles: Report
RedotPay’s plans for a US stock market debut have reportedly been delayed as the stablecoin payment company prepares to expand...
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter....
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding
Key TakeawaysGold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT.China’s PBOC added 20 tonnes...
NYSE Builds Onchain Settlement Rails for Tokenized Securities
Key TakeawaysNYSE President Lynn Martin confirmed onchain settlement plans building on DTCC’s July pilot.NYSE participated in DTCC’s tokenization pilot in...
Grayscale Pulls Three Altcoin ETF Filings in Just 190 Seconds
Key TakeawaysGrayscale withdrew Form RW filings for ADA, HBAR and DOT trusts between 4:33 and 4:36 p.m. ET on Aug....
MARA Pledges 18,750 BTC for $600 Million New Bitcoin-Backed Loans
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The...
Blockchain.com wins Cayman custody license after MiCA and FCA approvals
Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region....
Step App winds down after four years as FITFI token sinks
Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9%...
Binance Affiliates Sue RedotPay Over User Diversion Claims
Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users...
Boerse Stuttgart Digital, Tradias Complete European Crypto Merger
Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure,...
Nigeria Sets Crypto Tax Rules for Digital Asset Platforms
Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including...
Central Bank Gold Purchases Jump 62% to 288.9 Tonnes in Q2
Key TakeawaysCentral bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1.Poland led purchases...
Japan, US Plot Yen Rescue as Speculators Face Reckoning
Key TakeawaysJapan and the U.S. may unveil a joint yen policy next week, Kyodo News and CNBC reports.Japan sold up...
