Key Takeaways The U.S. launched Operation Economic Outcast to cripple Iran’s economy by heavily targeting its digital assets. The Treasury sanctioned an Iranian cyber group for crypto heists and threatened to cut off global enablers. Countries like China and Russia face strict deadlines to stop Iran-related activities or risk U.S. sanctions. U.S. Treasury Targets Iranian…
Key Takeaways Developing economies increasingly rely on USDT for commerce and hedging against failing local currencies. Reports indicate Venezuela used stablecoins for oil exports, while Bolivia evaluates legal integration. This widespread adoption has propelled Tether’s market capitalization past the $180 billion mark. Tether Highlights Developing Countries’ Heavy Reliance on USDT Stablecoins have become a key…
Key Takeaways Bitmine bought 32,447 ETH last week, lifting holdings to 5.85M ETH. Ethereum’s price surged 30% as Bitmine staked 5.06M ETH, boosting its annualized yield outlook to $330M. Bitmine is nearing its 5% ETH target, with staking rewards potentially reaching $381M a year. Tom Lee Says 30% ETH Weekly Gain Could Signal a Bigger…
Key Takeaways Trader bowen1476, hasn’t posted a winning short since a 700 BTC trade in May 2026. Bitcoin’s 22% weekly rally, tied to Treasury bond buybacks, has squeezed short sellers since August 19. The new 40x short on 300 BTC needs bitcoin to fall back under its $77,100 entry to turn a profit. An Embarrassing…
Key Takeaways Bitcoin nearly touched $80,000 before settling around $79,200 after brief market volatility. Market liquidations topped $396 million as Coinglass reported short positions taking the biggest hit. Bitfinex analysts noted that bitcoin needs strong spot demand to pass $80,000 and reach $86,500. Market Recovery and Bitcoin Price Swings Bitcoin nearly tapped $80,000 on Monday…
Key Takeaways Polymarket prices JD Vance at 23.4% after its 2028 market topped $692M. AOC leads Polymarket Democrats at 20.5% as volume hits $1.27B. Kalshi prices Democrats at 58%, with the 2026 midterms looming next. Traders Hurl Hundreds of Millions at the 2028 Race Polymarket’s Presidential Election Winner 2028 market has churned through more than…
Developed by DSA in collaboration with Professor Charles C.Y. Wang, Tandon Family Professor of Business Administration at Harvard Business School, and Giveback Backpack, the four-session program introduced high school students to real-world questions at the intersection of technology, markets, governance, and public policy. The program concluded on Saturday, August 22, with a case study class…
Key Takeaways Abraxas Capital built a $783 million Hyperliquid short and hedged with an ETH withdrawal on Aug. 24. Bitcoin’s 23% weekly surge triggered roughly $2.5 billion in BTC short liquidations since Aug. 19. Trump wants the Senate to pass the Clarity Act by Sept. 15, a deadline that could shape the rally’s next leg….
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Maya executives say security now requires stronger customer controls, operational resilience, and regulation that can keep pace with evolving threats As Filipinos increasingly rely on apps to move, save, borrow and manage money, cybersecurity is…
Key Takeaways Gold climbed 5% this week to $4,620, its highest price since May. The dollar index dropped to 98.723 on Aug. 19 after Treasury doubled its bond buyback program. Bitcoin, up near $78,000, is riding the same debasement trade, but analysts say gold differs. Gold’s Breakout Above $4,600 Bloomberg analysts noted that gold climbed…
