Fed Chair Kevin Warsh promises 2% inflation, but skyrocketing U.S. debt makes that a pipe dream
Uncle Sam needs inflation, not just economic growth, to escape today’s debt crisis. Source：MarketWatch
2 charts showing just how insane the stock market’s August ‘crash-up’ has been so far
Many investors were caught flatfooted when stocks suddenly jerked higher late last month, as a dramatic July momentum unwind ended with a hint of optimism.…
Archer strikes deal with Boeing in latest bid to transform aviation through AI
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing. Source：MarketWatch
‘Disappointing’ — crypto advocates react to delay in CLARITY vote
Following a procedural delay in the US Senate, lawmakers are expected to address a major crypto market structure bill after they return from a monthlong…
Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment
Bitcoin wobbled with US stocks as Iran deflated hopes on the reopening of the Strait of Hormuz oil route, while analysis praised “exceptionally strong”…
Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
The asset manager said it no longer intends to proceed with the offerings. None became effective, and no securities were issued or sold. Source：CoinDesk
Bitmine’s ETH buying slows as Tom Lee's firm shifts capital to share buybacks
Chairman Tom Lee said easing financial conditions could support crypto, even as the CLARITY Act failed to reach a Senate vote before the August recess.…
Solana gets its first Strategy STRC product through Solstice Finance
The Solana vault splits income from Strategy’s preferred stock into a lowerrisk senior token and a higherrisk junior token. Source：CoinDesk
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this year. Source：Cointelegraph
Strategy turns 1,690 BTC into $108.6M STRC buyback
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.…
Intel plans to sell $15 billion worth of stock after it has risen 400% in a year
The company said it sees growth opportunities in physical AI, custom chips and advanced packaging. Source：MarketWatch
Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares
The company increased its USD reserve to $4.65 billion while reducing its bitcoin holdings to 840,447 BTC Source：CoinDesk