Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests
An in-line inflation print removed a tail risk but gave BTC little reason to rally, leaving Jackson Hole, jobs data and the next CPI release as the market’s next catalysts.
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BitGo sees revenue jump 80% to $4.3 billion in Q2 but posts net loss
The firm recorded a net loss of $19 million in Q2, compared with net income of $38.3 million in the same period last year.
Goldman Sachs Says Japan Has $1 Trillion War Chest: More Yen Interventions Coming?
Goldman Sachs says Japan has reserves for more yen intervention, but the Fed-BOJ rate gap will decide the next move.
SpaceX Short Interest Falls to 11% From 34% Peak: Are Bears Capitulating?
SpaceX short interest cratered from a 34% peak to 11% as shares rebound 41% off their August low, S3 Partners data shows.
Novo Nordisk CEO Concedes Eli Lilly’s Market-Share Gains as Stock Slumps
Novo Nordisk's CEO conceded Eli Lilly is gaining market share even as oral Wegovy hits record prescriptions and the stock keeps falling.
Crypto Whale Loses $25.6 Million 2 Years After $24 Million Phishing Attack
An unknown crypto whale lost $25.6 million after an attacker drained their wallet. The hacker swapped the stolen assets into Dai (DAI) and Ethereum (ETH), onchain analyst Specter reported. The same wallet lost $24.2 million to a phishing attack in…
ASX shareholder plans to sue former directors over failed blockchain project
ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the market.
Attention Binance Users: Some Services Will Be Temporarily Stopped This Week
Important TRX operations will once again be paused.
Arizona crypto ATM law helps 35 scam victims recover $171K
Qualifying new customers can receive full reimbursement, including fees, if they notify both the operator and law enforcement within 30 days.
BlackRock’s Bitcoin income ETF offset less than 30% of its $1.2M crypto losses with options
The fund booked $344,849 in option gains, yet its cited NAV, Bitcoin and IBIT declines start on different dates.
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.
BofA Exec Still Calls For 3 Fed Rate Hikes After July CPI
BofA's Aditya Bhave defends the bank's three-hike Fed forecast after July's CPI report, saying tightening remains incomplete.