Digital money needs interoperable settlement rails, Lynq CEO says
Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt several forms of digital money. Summary Institutions are likely to use stablecoins, tokenized deposits, CBDCs, and traditional bank…
Bitgo Revenue Jumps 80% to $4.3B as Stablecoin Demand Grows
Key Takeaways Bitgo’s Q2 revenue jumped 80% to $4.3B, but it still posted a $19M net loss. Bitgo’s $65.2B in assets and 148% growth in stablecoin assets show rising institutional crypto demand. Bitgo targets $15M in annual savings and a…
Bitcoin Hits 10-Day Low Despite Positive CPI Data as Strategy Keeps Selling: Weekly Crypto Recap
The good news is that Strategy’s CEO said when the company will resume its BTC purchases. The end of the week is here, which means that we will take a look at what happened in the past seven days,…
Ethereum price slips to $1,875 as $1,900 caps rebound
Ethereum price has slipped to about $1,875 after sellers rejected its latest move above $1,900, leaving the $1,850 support zone and nearby liquidation clusters in focus. Summary Ethereum price traded near $1,875 after failing to hold above the psychological $1,900…
MSCI Proposal Could Boot Strategy, Metaplanet From Indexes
Key Takeaways MSCI’s proposal could delete Strategy and Metaplanet from its Global Investable Market Indexes as soon as November 2026. A simulation shows Strategy fails at least four of five financial screens, the threshold for exclusion. The consultation stays open…
XRP News: Evernorth Revises Share Terms to Reflect XRP Value at Closing
In XRP news today, Evernorth is changing the number of shares issuable to investors in connection with its proposed business combination with Armada Acquisition Corp. II. The amended subscription agreements tie the share count to XRP’s value at closing, measured…
ETH, XRP, ADA, BNB, and HYPE
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) This week, Ethereum hugged the key support at $1,800 with a minor loss of 2%. While this puts sellers in a more favorable position,…
Whale Places $203M Short Bet Against Tokenized SpaceX Stock
Key Takeaways A whale placed $203.47 million in limit short orders on tokenized SPCX between $141.93 and $142.90. Tokenized SPCX volume hit $700 million over two days in early August around a 911.5 million-share unlock. Elon Musk separately disclosed a…
Singapore crypto job scam costs company $11.8 million
A fake cryptocurrency job offer that infected a company-issued device has led to US$11.8 million in losses after attackers gained access to corporate systems and bypassed transaction controls, Singapore authorities have said. Summary A fake crypto job offer led to…
Bitcoin Shrugged Off Good CPI and PPI Data: Why Is BTC Still Stalling?
Bitcoin investors received what should have been a fairly supportive and positive combination of macroeconomic data in the past week, starting with the weak US jobs report last Friday. However, the asset failed to produce any significant gains, again. Moreover,…
































