Key Takeaways U.S. bitcoin ETFs drew $174.60M, even as BTC slipped back below $80,000 on Friday. Blackrock’s IBIT led flows, showing resilient demand despite stronger U.S. jobs data. Markets will watch the Fed’s September rate outlook as crypto ETF flows stay mixed. Bitcoin ETF Demand Holds Despite Price Retreat Wall Street ended the week with…
Key Takeaways ZEC hit $1,046 on Sept. 4 and holds a $17 billion market cap, ranking 11th and above dogecoin. Grayscale’s ZCSH ETF has grown to $414.7 million since Aug. 25 as $34.5 million in ZEC shorts were liquidated. Bitwise’s Matt Hougan and Alliance DAO’s Qiao Wang have named zcash (ZEC) alongside bitcoin as core…
Key Takeaways Robinhood stock tokens hit 862,800 holders, overtaking Binance bStocks two months after launch. Robinhood Chain reached $1.7B in daily Uniswap volume and 78.5% of L2 revenue, boosting onchain clout. Robinhood’s tokenized equities strategy could deepen its push into onchain finance. Robinhood Chain Sees Uniswap Volume Reach $1.7B Daily Robinhood’s crypto strategy is moving…
Key Takeaways AMC CEO Adam Aron demanded that Robinhood halt AMC Stock Tokens, saying the company never approved them. The clash spotlighted tokenized stocks and their liquidity pool. AMC’s legal review could test how far issuers can challenge offshore tokenized stock products. Robinhood CEO Fires Back as AMC Demands Token Trading Stop Robinhood, which reported…
Key Takeaways Bitcoin’s “this time is different” narrative keeps returning, but the broader cycle pattern remains intact. BTC drawdowns are getting shallower, while gains from cycle lows are also shrinking. Greater adoption could change Bitcoin’s long-term price dynamics beyond the patterns seen so far. Since mid-August, analysts have started talking about the differences in this…
Key Takeaways A Connecticut consumer cannot recover a $200,000 crypto deposit. The state alert names seven offshore DeFi trading platforms. Officials cite leverage of up to 250x and limited recourse for investors. Connecticut Links $200,000 Loss to Unregulated DeFi Exchange A Connecticut resident cannot recover $200,000 deposited into an unregulated decentralized finance (DeFi) cryptocurrency exchange…
Key Takeaways The XRP logo will appear on Florida Field beginning with the 2026 season. The Ripple sponsorship will reportedly generate $5 million annually. Ripple will support finance and technology education across the campus. XRP Branding Arrives at Florida Field Florida Athletics, the University of Florida’s intercollegiate sports program known as the Florida Gators, announced…
Key Takeaways Strategy says bitcoin would need to fall 83% to reach STRC’s $13,136 threshold. STRD had the highest displayed bitcoin threshold at $17,517. BTC Rating is an illustrative metric, not an external credit rating. Why Strategy Published the Bitcoin Floor Chart Strategy Inc. (Nasdaq: MSTR) used the Sept. 1 chart to address a central…
Key Takeaways Revolut won conditional OCC approval for a U.S. bank charter in six months. A charter could cut reliance on partner banks and intensify U.S. fintech and crypto competition. Revolut targets H1 2027 launch, pending FDIC, Fed, and final OCC approvals. Revolut Eyes US Stablecoins After Clearing Key OCC Hurdle Revolut has moved a…
Key Takeaways Coinbase Derivatives filed Form 1-N and Coinbase Financial Markets filed Form BD-N with the SEC on Sept. 1. The firm’s shares jumped 10% to $192.70 on the news, but CFTC product approval is still needed before launch. Coinbase has offered 10x perps on Apple, Nvidia and Tesla to non-U.S. users since March 20,…
