We are so back! Bitcoin’s 23% rally on US debt policy: Hodler’s Digest
The US may face a debt crisis within three years according to Ray Dalio, and debtrelated issues helped fuel a rally in Bitcoin that could mark the beginning of…
Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending as users increasingly paid for groceries, rides and…
Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments. Source:CoinDesk
The Treasury’s bond-market intervention isn’t working. So what comes next?
You can’t just sweep $40 trillion in U.S. national debt under a rug and forget about it — or so the bond market appears to be telling Treasury Secretary Scott…
Crypto exchange BitMart weighs partial restart and creditor payouts weeks after announcing shutdown
The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9. Source:CoinDesk
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.…
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.…
‘She’s desperate’: My friend was laid off and lost her health insurance. How can she find affordable coverage?
“She looked into COBRA, but the cost is absolutely ridiculous.” Source:MarketWatch
Onchain, in court: What happened in crypto legal news this week
The CFTC ordered a trading ban for former Alameda and FTX executives, and US prosecutors opposed a motion from a US soldier accused of profiting from the…
Tesla’s stock jumps as the company gets ready for a robotaxi push
The automaker plans to soon launch its Cybercab in Austin, Texas, and got the nod to deploy thousands of vehicles in Nevada. Source:MarketWatch
Digital Asset, Paul Ryan foundation target US state benefits with Canton pilot
The RISE program would use the Canton Network to combine and distribute stateadministered benefits across three US states beginning in 2027.…
Coldcard ships firmware after $114 million bitcoin theft; says AI helped catch more bugs
Three weeks of review turned up problems unrelated to the flaw that cost users $114 million, but updating still does not make a compromised wallet safe.…