Key Takeaways Schwab’s Sept. 8 N-MFP3 filing lists Grayscale, Canary, Franklin and Bitwise XRP ETFs as repo collateral. JP Morgan and Bofa Securities are the counterparties on five repurchase agreements worth $3.99 billion. XRP ETF collateral rose from $35,973 in April to at least $8.3 million by Aug. 31. What the Filing Shows Charles Schwab…
Key Takeaways ZCSH listed on NYSE Arca on Aug. 25 and crossed $500 million in assets by Sept. 8. Outside inflows totaled just over $70 million, while DCG International added roughly $100 million in ZEC. Zcash traded above $1,200 this week, a level last seen in the fourth quarter of 2016. What the Filing Actually…
Key Takeaways Bill Gates worked Phia support on July 29, getting a front-row seat to real user headaches. Phia scans 40,000+ sites, pushing second-hand fashion into shoppers’ everyday routines. Gates says leaders should stay close to users, giving Phia a playbook for what comes next. Bill Gates has spent his retirement talking vaccines and philanthropy,…
Key Takeaways Neoxa switched BTCB2 to XBT on Sept. 8, kicking off a fresh ticker fight. Alphapool neared 50% of BTCB2’s hashrate, fueling a messy decentralization debate. Alphapool plans a 30% cap as BTCB2 supporters scramble to cool the mining drama. BTCB2’s XBT Ticker Choice Sparks Fresh Backlash The project Bitcoin Blake2b, which forked away…
Key Takeaways Nexus claimed roughly 170 million ID records, including 153 million U.S. and Canadian licenses. Ordekian warns Nexus ID scans could fuel fraud because victims cannot simply reset their identities. Sumsub’s Popov says ID checks need a 2nd factor as the FBI investigation remains open. The dark-web marketplace surfaced in late August, claiming access…
Key Takeaways MENA crypto volume rose from $100B in 2022 to about $350B by 2025-2026, led by Turkey and the UAE. Bitcoin and stablecoins are gaining ground as hedges against war, inflation, and currency weakness. Gulf regulation and crisis-driven demand could further split MENA into two distinct crypto markets. Turkey Leads MENA Crypto With $200B…
Key Takeaways Bitmine’s latest purchase takes its total holdings to 5.93M ETH, worth $14.8B. With 85% staked, Bitmine could earn about $330M yearly while tightening ETH’s liquid supply. Investors will watch whether institutional demand amplifies Bitmine’s concentrated ethereum bet. Bitmine Builds One of Public Markets’ Biggest Ethereum Positions Bitmine is still buying ethereum, and its…
Key Takeaways CZ says bitcoin could overtake gold by the next bull run, with the valuation gap near 10x. Bitcoin’s gold correlation rose to 0.57 as its Nasdaq-100 link fell, strengthening the digital-gold case. Sovereign reserve adoption could determine whether bitcoin closes the gap with gold. CZ Calls Bitcoin Better Than Gold as Market Gap…
Key Takeaways Liquid Network got hit for nearly 4,000 BTC, but the white hats sent 3,400 BTC back on Monday. Bitcoin’s blockchain got pretty noisy after the Sept. 6 exploit, with dust messages, meme coin shills and scams piling in. Blockstream is still talking with the hackers, while 598.49 BTC remains in the hacker’s hands….
Key Takeaways Strategy repurchased $176 million of STRC and expanded its buyback program to $2 billion. The company’s founder Michael Saylor revealed the news. Gold bug and economist Peter Schiff questioned STRC demand despite its 12% dividend as Strategy supports the security. Market observers will watch STRC demand and the company’s 845,050 bitcoin holdings. Strategy…
