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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.
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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.
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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.
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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.
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
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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.
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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.
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.
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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.
Jackson Hole Symposium, U.S. PCE prices, IREN earnings: Crypto Week Ahead

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.
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.
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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.
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.
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Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin

The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.
Strategy raises $2 billion through MSTR sales and creates new USD Cash pool

The company sold 18.26 million MSTR shares, increased its USD Reserve to $5.1 billion and repurchased another $136.4 million of STRC.
New Solana vote could ramp daily SOL burns to $800,000 and slow new token creation

Two of the three proposals would reduce SOL supply growth by speeding up Solana’s inflation decline and raising daily fee burns from about 650 SOL to as much as 9,000 SOL.
Tom Lee's Bitmine buys $81 million of ETH in largest weekly haul since early July

The treasury firm stepped up its ETH buying as Tom Lee said the crypto’s 30% weekly rally could signal a larger move ahead.
Coinbase debuts tokenized stocks on Base network, joining race to bring equities on blockchain

The crypto exchange is starting with tokenized versions of Apple, Nvidia, Meta and Alphabet, issued under its new Abu Dhabi framework.
Crypto political group details list of U.S. congressional allies its backing this year

Stand With Crypto, a member group that rates the crypto friendliness of politicians, is supporting 32 U.S. House incumbents, with more endorsements coming.