Treasury Yields Surge as Bessent Doubles Bond Buybacks
Long-term Treasury yields rise despite a $6 billion buyback amid ongoing debt concerns and increasing oil prices, impacting global bond markets. #Update #Finance
Kraken Parent Company Payward Valued at $21B
@Nasdaq invests $100 million in @Kraken parent company Payward, valuing it at $21 billion, to enhance tokenized, voting-enabled equities for crypto exchange users. #Update #Crypto $BTC
Coinbase CEO Predicts US Regulatory Clarity
Coinbase CEO @brian_armstrong anticipates regulatory clarity for the U.S. crypto industry, regardless of the CLARITY Act’s outcome, as SEC and CFTC prepare rules. Coinbase expands into stocks and commodities. #Update #Crypto $BTC $ETH
Bitcoin Hackers Hijack Trezor Emails
@Trezor, @BitBoxSwiss, and @Coin_Tracking warn of phishing attacks after a breach at email provider Brevo. Investigations continue as affected firms urge caution. #Update #Security
Treasury Secretary Bessent Urges CLARITY Act Passage
US Treasury Secretary Scott Bessent urged lawmakers to pass the CLARITY Act upon the Senate’s return, warning against sending a negative signal about US leadership in digital assets. #Update #Crypto
Bitcoin ETFs Shed $167M After Inflow Surge
Bitcoin ETFs experienced outflows of $167M, led by @ARKB, following a strong three-week inflow period. Meanwhile, Ether and Solana funds saw a return to net inflows. #Update #Crypto $BTC $ETH $SOL
Bitcoin ETFs Shed $167M After Inflow Surge
US-listed spot Bitcoin ETFs saw $120.2 million in net outflows on Wednesday, totaling $166.8 million for the week; Ether ETFs gained $34.7 million while Solana ETFs attracted $11.2 million. #Update #Crypto $BTC
Grain-Backed Loans Launch Onchain with $2 Billion
@Arya.ag is leveraging Avalanche technology to tokenize $2 billion in grain deposits, enhancing verification for agricultural loans. #Update #Crypto $AVAX
Bitcoin Poised to Hit $400K Soon
Coinbase CEO Brian Armstrong predicts Bitcoin could reach $400,000 by 2030, citing a market bottom and upcoming regulations. Bitcoin trades at $78,000 as inflation data looms. #Update #Crypto $BTC
Bitcoin Faces Correction Risk Amid Retail Euphoria
CryptoQuant analysts warn that Bitcoin’s rise to $79,500 lacks institutional support, raising long squeeze risks amid strong retail activity; large exchange deposits remain stable. #Update #Crypto $BTC
Bitcoin Sell-Side Risk Plummets as $80K Sellers Fade
Bitcoin investors remain calm as $BTC retains most August gains, with sell-side risk dropping to rare lows, indicating reduced selling pressure. #Update #Crypto $BTC
Avalanche Revolutionizes Grain Ownership Records
@Arya.ag is testing a system to tokenize warehouse receipts for grain on Avalanche blockchain, aiming to enhance agricultural lending with composite tokens reflecting stored commodity ownership. #Update #Crypto $AVAX
Unicoin Sues Uniswap Labs to Cancel UNI
@TransparentBusiness Inc. sues @Uniswap Labs in New York, asserting its UNICOIN mark does not infringe Uniswap’s trademarks and seeks to cancel the UNI registration. #Update #Legal $UNI
Sports Betting Investment Doubles for Gen Z
Bank of America survey finds 20% of Americans view sports betting as investment; Gen Z twice as likely. Event contracts seen more investment-like. #Update #Finance