Bitcoin Tops $81,000 for the First Time Since May as Treasury Buybacks Revive the Debasement Trade
Bitcoin's climb past $81,000 is being driven by the Treasury's bond buyback plan and a weaker dollar, not by anything happening inside crypto
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Standard Chartered becomes first bank distributor of HKD stablecoin
The bank plans tokenized money market fund settlements in the fourth quarter as HKDAP expands its phased rollout into conventional banking.
Franklin Templeton's Tokenized Treasury Fund Lands on HashKey
The $1.8 trillion manager is putting its onchain money market fund on the Hong Kong exchange's Earn channel.
U.S. widens Iran crackdown to encompass crypto, gold, shipping and technology
Treasury says Ivan Obukhov processed over $100 million in crypto for IRGC-QF oil sales since 2023.
Galaxy puts Coldcard hack losses at 1,789 BTC, with 87% unmoved
Galaxy Research’s latest tally shows that more than half of 221 Coldcard hack victim reports involved individual losses exceeding 1 Bitcoin.
Business owner faces up to 280 years over $24M crypto Ponzi scheme
A federal jury convicted Brent Kovar of wire fraud, mail fraud and money laundering after he took $24 million from at least 400 investors.
Franklin Templeton and Hashkey roll out U.S. tokenized money fund in Asia
Tokenized U.S. treasury and money market funds are one of the fastest-growing segments in the digital asset markets, growing fifteenfold in two years.
Live updates: Bitcoin settles in under $80,000, with interest rates headed lower on Tuesday
Spot bitcoin funds took in $337.56 million on Aug. 24, extending an unbroken run of inflows that has now put real money behind a rally that started with a short squeeze.
Bitcoin ETFs add $338M as six-day inflow streak hits $2.26B
Bitcoin ETFs have drawn $2.26 billion over six trading days, while year-to-date net outflows have narrowed to about $2.57 billion.
Treasury’s bond buyback plan fights the market and heightens the danger, billionaire Druckenmiller says
The billionaire investor argues the intervention removes a vital check on government borrowing and fiscal accountability while markets remain the better judge of prices.
Breaking: Bitcoin hits $80k for the first time since May as rally continues
Bitcoin extended its rally on Tuesday, hitting the $80,000 psychological level for the first time since May 4
US targets Iran’s crypto sector, cites over $100M in oil-linked payments
The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales.
BNB Chain activates Pasteur hard fork to strengthen bridge security
BNB Chain activates the Pasteur hard fork on BSC, closing bridge and validator security gaps while targeting greater transaction capacity.
Bitwise’s Gordon Grant Says Treasury Volatility Is Fueling Bitcoin’s $80K Run
The Bitwise head of derivatives argued on Bits + Bips that the same bond-market stress unsettling long-dated Treasurys is what is pushing Bitcoin higher
Korean bank taps Ripple for payments, Pakistan opens crypto licensing: Asia Express
Asia’s biggest crypto hubs are locked in a tax-cut arms race, while Ripple will help Korea’s Jeonbuk Bank move money across borders.
Hugging Face Explores $13 Billion Sale a Month After a Rogue OpenAI Agent Hacked It
The open-source AI hub is fielding buyout interest at nearly triple its 2023 valuation
CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets
A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in on the criminal case.
Strive Buys $81.5 Million in Bitcoin After Issuing More Shares
The company increased its Bitcoin holdings by 5.5%, but its Bitcoin per fully diluted share rose only about 1.4%.
Bitcoin Stalls a Cent Below $80,000 as Altcoins Give Back Weekend Gains
Bitcoin touched $79,999.99 on Coinbase before easing, its highest level since May, while 80 of the 123 largest non-stablecoin tokens fell on the day
Coinbase Launches Tokenized Stocks On Base
Four tokens covering Nvidia, Apple, Meta and Alphabet went live for non-US users, with about $4.5 million minted and $3 million of DEX liquidity on day one
Gemini plans to distribute crypto prediction markets through Apex brokerages
The proposed deal would make Gemini the exclusive venue for crypto event contracts offered through Apex’s FCM, expanding its prediction-market reach to brokerage clients.
AI Model Ox Alpha Is Free, Beats Claude Fable, and Nobody Knows Who Built It
Ox Alpha is topping benchmark scores, reads a million tokens, takes video as input, and has developers guessing who's behind it.
Why the Bitcoin Rally Looks Like a Vote Against the Dollar
Bitcoin and gold rose as the dollar weakened following expanded Treasury bond buybacks, reflecting concerns about U.S. fiscal policy, analysts say.
Bernstein sees new USDC growth cycle, sets $140 Circle price target
USDC supply increased by roughly $2 billion in seven days, with Bernstein citing higher transaction activity and several factors that could support further growth.
Coinbase Brings Tokenized Stocks to Ethereum L2 Base
The tokens represent shares held by regulated custodian Alpaca and can be traded or used in decentralized finance applications on Base.
Coinbase-affiliated advocacy group endorses candidates for US midterms
With just over two months until the US general election, Stand With Crypto announced its pick for politicians in its efforts to “elect the most pro-crypto Congress in history.”
Hyperliquid Hits Record High as $1.2 Billion Token Unlock Looms
Hyperliquid's token is riding a record into its largest remaining supply release.
Zcash Hits Eight-Year High as Futures Bets Nearly Double
ZEC broke above $880 while open interest in perpetual futures climbed to $1.8 billion.
Bitcoin, Ethereum ETFs Grew $23 Billion Last Week—Only $2.6 Billion Was New Money
Bitcoin and Ethereum ETFs booked their strongest inflow week since October, but most of the gain came from coins investors already owned getting more valuable.
BTC Market Pulse: Week 35
Bitcoin has surged toward $80k as spot, derivatives and ETF demand accelerate