Key Takeaways Japan and the U.S. may unveil a joint yen policy next week, Kyodo News and CNBC reports. Japan sold up to $58.97 billion on July 30 in its largest one day yen move since 2022. Bessent’s notepad showed plans to buy $5-10 billion in yen, Reuters photographed. Japan Strikes First, Buying Nearly $59…
Key Takeaways John D’Agostino, Coinbase’s Head of Institutional Strategy, says he is relentlessly optimistic the CLARITY Act passes. JPMorgan puts CLARITY Act passage odds at 37%, while Polymarket bettors assign just 31%. The Senate Banking Committee advanced the bill 15-9, but it still needs 60 votes before the August 8 recess. A Coinbase Exec’s Case…
Key Takeaways SUI trades near $0.68 as about 13.72 million tokens, worth roughly $9.9 million, unlocked on August 1. Prominent trader CryptoPatel called SUI’s $0.50 to $0.70 range a buy zone, with targets as high as $20. SUI has fallen more than 5% over the past several sessions amid a broader crypto risk-off move. A…
Key Takeaways Sens. Thom Tillis and Ruben Gallego sent a state attorneys general enforcement plan to the White House on July 29. The Senate has until its August 7 recess to secure 60 votes for the CLARITY Act. Coinbase CEO Brian Armstrong called the bill’s progress “the one yard line” on July 29. A Counteroffer…
Key Takeaways Prosecutors seek 47,461.73111 USDT worth approximately $47,000. Five victims’ payments reached the same cryptocurrency wallet. The filing extends a series of Massachusetts crypto recoveries. Computer Warning Led Victim to a Crypto ATM The U.S. Attorney’s Office civil forfeiture action seeking 47,461.73111 USDT was announced on July 31. Prosecutors allege scammers obtained the cryptocurrency…
Key Takeaways WNBA posted and removed footage of a $400 Reese-Bueckers wager on their own game. Atlanta beat Dallas 82-81, leaving Bueckers owing $400 on a game she played in. Neither player faces discipline despite the new CBA’s wagering prohibition. A joke inside a rule that bans attempts The WNBA posted and quickly deleted a…
Key Takeaways HIVE’s AI GPU cluster earns about $2.90 per GPU-hour, dwarfing bitcoin mining’s roughly $0.12/hour take. The company’s fiscal 2026 revenue jumped 158% to $297.8 million as hashrate rose 290% to 22.2 EH/s. HIVE’s BUZZ HPC unit grew AI revenue 94% to $19.5 million, with a 320 MW Toronto AI hub coming next. The…
Key Takeaways Grayscale says 3,000+ onchain vaults hold $7B, positioning them as crypto’s next TradFi product. Ethereum, Base, and Solana vaults could pressure the $1.5T CLO market with cheaper, transparent rails. Grayscale says adoption hinges on US rules as 57 curators manage 79% in stablecoin strategies. Grayscale Tracks $7B in Vaults as Wall Street Eyes…
Key Takeaways Cash and 25,000 USDT allegedly funded murder-for-hire payments. Complaint alleges $750,000 was converted into cryptocurrency. Federal probe also describes suspected money laundering and BSA violations. Prosecutors Allege Crypto Payments Completed Murder-for-Hire Scheme The U.S. Department of Justice (DOJ) announced the arrest of the Moneyflip CEO over an alleged murder-for-hire plot on July 30….
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. For years, the dominant story of Philippine e-commerce was simple: millions of shoppers logging onto Shopee and Lazada to buy everything from electronics to household goods. But a shift is reshaping digital commerce across the…
