Pi Network’s PI Defends a Critical Support, Bitcoin (BTC) Reclaims $78K: Weekend Watch
UNI is today’s top performer, skyrocketing by over 11%. Bitcoin’s gradual price recovery after Friday’s dip below $77,000 continues into the weekend, with the asset barely moving past $78,000 today. Most larger-cap alts have posted minor gains as well,…
Bullish Makes $100M AI Credit Bet With GPUs Serving as Collateral
Key Takeaways Bullish extended USD.AI a $100 million facility for GPU-backed AI loans. The firm’s shares gained 44% in 1 month as tokenized AI credit expands. Bullish plans to list sUSDai as GPU collateral faces its next credit test. Bullish…
Tokenized deposits could drain $580B from U.S. bank lending
A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large enough to reshape how banks fund the economy, and the crypto industry is building the pipes without acknowledging the consequences….
Why Bitcoin Crashed After Warsh’s Jackson Hole Speech
BTC was rejected at over $81,000 once again. This time, though, there was an evident catalyst. Bitcoin’s rally from under $65,000 to over $81,000 faced its first major macro setback after Fed Chair Kevin Warsh delivered a hawkish message…
Bitcoin Bull Cycle Peak Could Be Driven by Global ETF Demand
Key Takeaways Global institutional demand could drive bitcoin’s bull cycle peak. Wider ETF access may extend adoption beyond the United States. Stablecoin liquidity and RWA rails could support the next phase. Global ETF Demand Could Shape Bitcoin’s Cycle Peak The…
Russia blacklists 2,600 crypto wallets while using crypto to dodge sanctions
The Bank of Russia is building a surveillance apparatus for digital assets at the same time the Russian state relies on those assets to circumvent Western financial restrictions. The contradiction reveals how governments actually think about crypto. Summary The Bank…
Solana Leads Altcoin Gains as XRP and DOGE Slide
Key Takeaways Crypto markets ended Aug. 29 flat at $2.73 trillion as volatility offset prior gains. Altcoins diverged sharply as SOL rallied on Charles Schwab listing news while DOGE fell 7.2%. Arch Lending CTO Himanshu Sahay expects bitcoin to increasingly…
XRP ETFs gain ground in two US fund filings
Two U.S. fund filings dated Aug. 27 and Aug. 28 have listed three XRP-linked ETFs, adding fresh evidence of the token’s growing presence across regulated investment products. Summary ProShares’ filing lists its unlevered XRP ETF and the 2x leveraged Ultra…
Zcash (ZEC) Social Buzz Vanished Before Its ETF Even Launched: Data
Social chatter around ZEC hit six times its August baseline before the price peak, then vanished as the ETF launched. Zcash has been one of the best-performing assets this year. It has managed to attract significant institutional capital. This…
Goldman Sachs Predicts Gold Will Hit $4,900 by Year-End
Key Takeaways Goldman Sachs predicts gold will hit $4,900 per troy ounce by year-end due to high central bank demand. Central banks are buying 50 tonnes monthly, up 300% from pre-2022 levels to hedge geopolitical risk. Paused Fed rate hikes…
