Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTCregulated infrastructure as it expands its prediction markets business. Source:Cointelegraph
Strive’s SATA nears $1 billion market cap as Strategy’s STRC continues to underperform
SATA’s 13% annualised dividend and resilience around par are helping Strive raise capital and outperform Strategy. Source:CoinDesk
Bitcoin rally has more room as volatility shorts unwind, Two Prime CEO says
Alexander Blume said subdued funding rates and continued call selling suggest the rebound is not yet being driven by excessive speculation. Source:CoinDesk
Bitcoin’s complexity paradox: How layer-2 scalers became AI's main target
A string of incidents involving Coldcard, Lightning and Liquid highlights how AI is changing the economics of finding bugs in bitcoin infrastructure.…
Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100plus markets, extending Circle’s USDC payments reach. Source:Cointelegraph
New Bitcoin whales spark sell-side risk as unrealized gains hit $9B
Unrealized gains by whale speculators hit their highest levels on record last week, per data going back to 2016. Source:Cointelegraph
U.S. stocks usually stumble after Fed hikes, but these markets tend to climb, says Citi
The relative returns for Japanese and U.K. equities reach between 2% and 3% on average following the first interestrate raise in a hiking cycle by the Federal…
Crypto traders turn on Hunter Biden’s LAPTOP memecoin before it even launches
Kraken deleted a promotional post after backlash, while a media group named in the token's distribution publicly distanced itself from the project.…
Bitcoin’s golden cross is here
A golden cross has triggered on bitcoin's daily price chart, indicating a potential longterm bullish trend ahead. Source:CoinDesk
Metaplanet CEO breaks silence but shareholders say the hard questions remain unanswered
Simon Gerovich said Metaplanet had not adequately explained the structure, and denied involvement in MMXX Ventures’ trading decisions. Source:CoinDesk
UK financial watchdog weighs lifting prediction markets ban: Report
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a…
Bitcoin fund flows show investors trading Fed rate path, not exiting market: CoinShares
Bitcoin’s struggle to break $80,000 comes as markets price in a growing chance of a September rate hike, putting monetary conditions back in focus.…