Key Takeaways Bitcoin fell 2.5% to $77,588 after Kevin Warsh’s hawkish Jackson Hole speech. U.S. spot bitcoin ETFs snapped a 9-day inflow streak Friday with $202 million in outflows. Bitcoin holds $76,800-$77,000 support as RSI hits 70 and resistance looms near $80,300. Bitcoin Retreats From $81,455 as August Gains Hold Firm As of today, Aug….
Key Takeaways Sosovalue data showed U.S. bitcoin ETFs shed $202 million on August 28, ending a nine-day, $3.04 billion streak. Ether ETFs bucked the trend, pulling in $102 million. Traders are now watching whether bitcoin’s price holds above $78,000 as the ETF streak resets heading into September. A Nine-Day Run Comes to an End The…
Key Takeaways NFL signed three sportsbook partners on Aug. 27, its first since deals lapsed March 31. Partners agreed to prohibit bets tied to injuries, officiating, and single-actor manipulation. “That’s not a space that we’re considering right now commercially,” NFL EVP told ESPN. NFL Bars the Bets the CFTC Wants Restricted The National Football League…
Key Takeaways Armstrong and CZ remain broadly bullish, but their forecasts often follow bitcoin’s price action. Long-term price calls offer entertainment value but little certainty in a highly unpredictable market. Treat exchange founders’ predictions as input for research, not as signals to buy, sell or hold. In general, Brian Armstrong, CEO of Coinbase, and Changpeng…
Key Takeaways Investment scam losses surpassed $8 billion in 2025. AI helps fraudsters create convincing voices, videos, and ads. Fake crypto projects impersonate established businesses to lure investors. Investment Scam Losses Rise 38% Investment scams became the costliest fraud category tracked by the Federal Trade Commission in 2025, according to New York officials. The state’s…
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’s relationship with traditional assets is changing as investors increasingly treat the cryptocurrency as a…
Key Takeaways Shareholders will vote on Evernorth’s proposed merger on Sept. 30. The registration statement becoming effective moves the deal forward but does not mean the SEC approved it. Evernorth plans to list on Nasdaq under XRPN and actively manage XRP. Evernorth Merger Moves to Shareholder Vote Evernorth Holdings Inc. moved closer to its planned…
Key Takeaways Ripple Prime’s Delta One business is now live for institutional clients. Total return swaps cover U.S. equities, indices, and digital assets. Ripple Prime reports more than $1 billion in regulatory net capital. Ripple Prime Adds Delta One to Multi-Asset Brokerage Ripple expanded its institutional brokerage business Aug. 27 with the launch of Delta…
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 identity still circulate 12 years after his death. A Signature Before Bitcoin Had a Price…
Key Takeaways Bitfinex reported Bitcoin aligned with gold, driving metrics into the start of a bull expansion phase. Rising US debt concerns shifted market focus to debasement trades, spurring demand for Bitcoin. Fed Chair Warsh took a hawkish stance at Jackson Hole, threatening the debasement trade with rate hikes. Bitfinex Highlights Bitcoin Price Correlation with…
