EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source:CoinDesk
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…
Bitcoin stalls as open interest decline raises questions about rally's staying power
BTC retreated from a twoweek high of $64,500 as falling open interest and weak spot demand cast doubt on the sustainability of July's 8.4% advance.…
Bitcoin can fall below $58K if one of its 'cleanest' metrics copies history: Analysis
Bitcoin NUPL metric data suggested that BTC price action should make new cycle lows in order to preserve historical patterns. Source:Cointelegraph
Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
The product, called BTC Yield, is designed exclusively for people who already hold bitcoin. Source:CoinDesk
Bitcoin's recent macro relief faces a challenge from Japanese interest rates
Japanese bond yields continue to rise, lifting their U.S. counterparts and posing a potential headwind for risk assets. Source:CoinDesk
Live markets: Bitcoin and ether ETFs drew inflows on Monday
Spot bitcoin ETFs still lost a net $526.6 million over the shortened holiday week, an eighth straight week of negative flows. Source:CoinDesk
BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal
The attacker bought enough of the memecoin's tokens to pass a governance proposal that sent the group's holdings to a wallet they controlled, then began…
XRP stalls near $1.14 as breakout attempt struggles for volume
Buyers defended the session lows and pushed XRP back toward resistance, but muted overall volume left traders waiting for confirmation above $1.13$1.14.…
Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale
The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz…
Bitcoin bulls shake off Strategy's $216M BTC sale as price overtakes $64K
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling. Source:Cointelegraph
If the stock market’s double bubble bursts, it could usher in the next crash
While valuations still look extreme relative to history, the recent pace of corporate earnings growth has also meaningfully diverged from the longterm trend.…