Crypto Biz: Bitcoin pumps, Wall Street does the paperwork
Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s…
Fed Chair Kevin Warsh at Jackson Hole: 'We have work to do' on inflation
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a…
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
Bitcoin profitability data produced a bearmarket reversal signal that was also present at the start of 2023. Source：Cointelegraph
Bitcoin hits highest level in 3 months before pulling back as altcoins consolidate
BTC briefly touched $81,455 overnight, its highest since May 15 as Nasdaq futures slipped and gold extended gains heading into the weekend. Source：CoinDesk
On the six-month anniversary of the Iran war, divisions appear on Wall Street over the trajectory for oil prices
Oil supply has been rising out of the Gulf, but strategists at RBC Capital Markets warn of a lot more hurdles facing the market. Source：MarketWatch
ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider. Source：CoinDesk
Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold
Warsh’s Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and longterm yields.…
Bitcoin is trading at a premium on Coinbase after a long time. Here's what it means
The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000. Source：CoinDesk
Bitcoin under $80,000, solana leads majors higher before Warsh's Jackson Hole debut
Every major but HYPE gained over 24 hours, capping a week that added 9% to bitcoin and 20% to solana. Source：CoinDesk
An XRP treasury company backed by Ripple is a shareholder vote away from Nasdaq
The SEC cleared the paperwork for Evernorth's merger with a shell company, setting up a Sept. 30 vote and a listing under the ticker XRPN. Source：CoinDesk
20 stocks likely to lose money even if the bull market continues
Certain stocks are such poor bets that they are likely to lose ground even in bull markets. Source：MarketWatch