Bitcoin holds $64,000 and solana leads gains amid 7% Korean chip stock slide
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.
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Wintermute: Bitcoin Range Breakout Delayed by ETF Outflows and Miner Selling
Bitcoin's muted response to softer rate-hike expectations has raised questions about its near-term demand.
Canaan counted paused Ethiopia mining as nearly 35% of its July operating hashrate total
The company placed 4.96 EH/s in its operating column while a footnote said Ethiopia mining was paused.
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
Kalshi files to launch perpetual futures tied to US stock index, copper
Kalshi has filed with the Commodity Futures Trading Commission to offer perps tied to the MerQube US Large Cap Index and copper.
Tom Lee Uses BlackRock’s Bitcoin Report to Pitch Ethereum as AI’s Verification Layer
Tom Lee cites BlackRock's bitcoin report to pitch Ethereum as AI's verification layer, but the report never makes that case.
Kalshi Brings Crypto’s Perpetual Futures Model to Stocks With CFTC Filing
Kalshi filed with the CFTC to launch stock index and copper perpetuals, extending crypto's leverage model into equities.
Yakovenko wants Solana to mint SOL to buy a company, but who would own it?
Stake-weighted approval could authorize a direction, but no target, legal buyer, ownership structure or operating authority has been named.
Bank of Italy Study Finds Stablecoins No Cheaper Than Traditional Remittances
A Bank of Italy study finds stablecoin remittances cost up to 9%, showing no consistent edge over banks.
‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
Ex-Presidential Candidate Andrew Yang Pushes for AI Tax Over Payroll Tax
Andrew Yang renews his push to tax AI instead of payroll, citing Bridgewater's 18% job displacement warning.
Wall Street Notches Records, Then Bonds Slam Stocks Back Down
Bonds are slamming stocks days after Wall Street hit fresh records, as Treasury yields surge to multi-decade highs.