One by One, the Industry Is Fixing the Tokens
Thus far, the breakout has held. Through Thursday’s close, U.S. equities have also been flat to slightly positive, owed almost entirely to Nvidia’s nearly 9% Thursday surge, which offset Monday’s semis selloff. After bitcoin’s major move last week, many are…
Kalshi ruling puts CFTC prediction rules at risk
A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities law. Summary Ninth Circuit judges held Kalshi unlikely to block Nevada regulation of sports-event contracts…
Over $900M Pours Into Bitcoin ETFs While Ethereum Funds Extend Impressive Streak
The Ethereum funds have not been in the red since August 11. The spot Bitcoin exchange-traded funds recorded another highly impressive week, attracting over $900 million, but Friday changed the landscape after Kevin Warsh’s hawkish speech at Jackson Hole….
Swedish Tax Scrutiny Shadows Crypto Miners’ Pivot to AI
This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus. The Swedish Tax Agency has issued proposed VAT decisions…
Bitcoin adds $4.6B as onchain liquidity rebounds
Bitcoin’s realized capitalization increased by more than $4.6 billion during the week ending Aug. 30, according to CryptoQuant contributor Darkfost. The increase accompanied BTC’s sharp recovery from around $63,000 earlier in August to above $80,000. Summary Bitcoin’s realized capitalization increased…
Everything Driving Bitcoin Right Now
The short squeeze sparked the rebound, but ETF and on-chain data suggest broader demand is now helping. Bitcoin (BTC) has risen about 26% from its mid-August low after a short-liquidation event accelerated the rebound. Glassnode said the August 19…
A Texas Player Just Let $1 Million Expire. It Was Sitting at a Gas Station the Whole Time
Key Takeaways Powerball’s $1 million Austin ticket expired after its Aug. 1 claim deadline. Circle K sold the ticket matching 5 white balls in the Feb. 2 Powerball drawing. Texas Lottery rules send the unclaimed $1 million to state-authorized programs….
Stablecoins fail payment credibility test, BIS says
Stablecoins do not yet credibly function as a payment method at scale, Bank for International Settlements General Manager Pablo Hernández de Cos said on Aug. 28 at the Federal Reserve’s Jackson Hole symposium. Summary BIS chief Pablo Hernández de Cos…
XRP’s Crazy August Is Almost Over
August was quite the rollercoaster for Ripple’s token, even though history suggested more pain ahead. What’s next in September? With the eighth month of the year almost behind us, it’s worth exploring what really took place as it turned…
Ethereum’s Top Sandwich Bot Made $295M, Then Lost $7.5M
Key Takeaways JaredfromSubway.eth’s bot has extracted over 117,000 ETH (~$295M) from trades since March 2023. An attacker drained the sandwich bot of $7.5M in June 2026 using 66 fake token contracts. Three relays route 88% of MEV-Boost blocks, and Titan…
