How a Treasury buyback tweak helped bitcoin surge nearly 25% in days
Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.
Treasury buybacks are not QE, analysts said, but the move helped pull long-term yields off 19-year highs and triggered a record short squeeze in a market already leaning too bearish.
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Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
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Tokenized stocks risk repeating Wall Street’s 1960s ‘paper crisis,’ Fairmint CEO says
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.
Fairmint CEO Joris Delanoue warns tokenized stocks risk recreating Wall Street’s 1960s paper crisis through fragmented systems and standards.
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Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit
The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.
The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.
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Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions.
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and subscriptions.
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XRP on track for biggest weekly gain in 21 months as Treasury buyback spurs 'curve control' hopes
XRP’s price has surged by 50% this week, the best performance since November 2024. Here's what's driving the rally.
XRP’s price has surged by 50% this week, the best performance since November 2024. Here's what's driving the rally.
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Regulation Crypto is here: State of Crypto
The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment.
The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment.
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Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid.
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid.
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Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.
Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold
Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold
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Ray Dalio says investors should own ‘a bit of Bitcoin’ as U.S. debt risks rise
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
The Bridgewater founder says recent Treasury-market stress fits his long-running debt-crisis framework, though he still prefers gold as the bigger hedge.
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Ethereum lending app Term Finance loses $8.5 million after attacker buys voting power
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs.
The exploit shows how lightly held voting tokens can become a means of attack when control of a protocol is cheaper than the assets it governs.
Ether is crushing bitcoin and the 'golden cross' says it may not be done yet
The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.
The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.
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Live updates: Bitcoin holds $77,000 as XRP, Zcash pull back after a big weekly rally
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole debut.
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole debut.
Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 24
Your look at what's coming in the week starting Aug. 24
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Crypto roars back as bitcoin posts its second-best week since early 2021
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
Treasury buybacks, ETF inflows and a weaker dollar ignite crypto’s breakout.
Fed experiment shows how bitcoin rallies attract new crypto buyers
Households shown bitcoin’s prior-year return were 23% more likely to report owning crypto in a follow-up survey.
Households shown bitcoin’s prior-year return were 23% more likely to report owning crypto in a follow-up survey.
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Bitcoin steadies near $78,000 as gold rallies, altcoins consolidate after best week in 3 years
BTC was little changed Monday after last week's 24% surge triggered by a Treasury buyback announcement that squeezed over $3 billion in shorts.
BTC was little changed Monday after last week's 24% surge triggered by a Treasury buyback announcement that squeezed over $3 billion in shorts.
Gemini strikes Apex deal to widen prediction markets reach
The planned tie-up would make Gemini the exclusive CFTC-regulated venue for crypto event contracts offered through Apex’s futures commission merchant.
The planned tie-up would make Gemini the exclusive CFTC-regulated venue for crypto event contracts offered through Apex’s futures commission merchant.
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