HyENA shuts down after processing $4B in trades
HyENA has announced plans to close every market between Aug. 31 and Sept. 2 after processing more than $4 billion in trades for over 12,000 users. Summary HyENA will remove one market each hour from Aug. 31 through Sept. 2….
Bitcoin Moves Closer to Gold as US Debt Revives Debasement Trade
Key Takeaways Bitcoin’s 90-day correlation with gold has climbed above 50%. Its Nasdaq 100 correlation has fallen from above 60% to about 33%. U.S. debt above $40 trillion is strengthening the debasement narrative. Bitcoin’s Correlation Shifts From Nasdaq Toward Gold…
Bitcoin Suddenly Dumped by $3K as Liquidations Hit $200M Hourly: Is the Fed to Blame?
Bitcoin’s rather stable price moves over the past day or so were disrupted after Kevin Warsh finished his speech at Jackson Hole, as the asset slumped by a few grand in an hour. Its move south dragged many altcoins with…
Irish drug dealer’s lost wallet moves $39.56M in Bitcoin
A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins has transferred 500 BTC worth about $39.56 million to Coinbase Prime after the coins were reportedly inaccessible because their private keys had been lost. Summary 500 BTC, worth approximately…
Ireland Moves $38M in Bitcoin Tied to Drug Dealer’s Lost Fishing Rod
Key Takeaways CAB-linked wallets moved 500 BTC worth $38 million on Aug. 28 after 10 years. CAB has now recovered 2,000 BTC tied to Clifton Collins, worth $155 million. Neither CAB nor Europol has confirmed how the latest 500 BTC…
These Four Signals Could Confirm if Bitcoin’s Low Is Locked In: Analyst
BTC has reclaimed several major technical levels that previously acted as resistance, and it could resolve the remaining ones in a few days. Crypto analyst Sykodelic says Bitcoin has now cleared roughly 80% of the technical conditions needed to…
Lazarus Group resurfaces with $19.4M Bitcoin move
North Korea-linked Lazarus Group has transferred 244.148 Bitcoin worth about $19.42 million, bringing fresh attention to wallets associated with one of the crypto industry’s most active hacking operations. Summary Lazarus Group transferred 244.148 BTC worth about $19.42 million, according to…
12 Years Later, Bitcoin Remembers the Man Who Got There First
Key Takeaways Cryptographer Hal Finney passed away on August 28, 2014, after a five-year battle with ALS. The 10 BTC Satoshi Nakamoto sent him in January 2009 would be worth over $800,000 today. Theories tying Finney to Satoshi Nakamoto’s true…
What Are the Next Targets?
“Real value of TRUMP lies below $1,” one analyst claimed. Most leading cryptocurrencies have posted minor gains or losses over the past 24 hours, suggesting the broader market has consolidated after recent turbulence. However, Official Trump (TRUMP) has defied…
Bullish provides USD.AI $100M facility for GPU loans
Bullish has provided USD.AI with a $100 million stablecoin debt facility to fund loans secured by graphics processing units used in artificial intelligence infrastructure. Summary Bullish will supply $100 million in stablecoin liquidity for GPU-backed loans. USD.AI offers non-recourse financing…
































