CRYPTO
Israel Claims Iran’s Revolutionary Guard Holds $1.5B in Stablecoins
Israel flagged 187 crypto addresses allegedly linked to the IRGC. Elliptic says the wallets received $1.5B in USDT, though not all may belong to Iran’s Revolutionary Guard. What to know: The National Bureau for Counter Terror Financing of Israel (NBCTF) has published a list of 187 cryptocurrency addresses it says are linked […]
Hong Kong’s Central Bank Plans to Ease Rules on Banks’ Crypto Holding: Report
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets What to know: The Hong Kong Monetary Authority (HKMA) has circulated plans for easing the capital requirements for banks holding cryptocurrencies, local financial news outlet Caixin reported on Wednesday. The […]
The End of Paper Bitcoin Summer
Is Paper Bitcoin Summer, and the associated extractable premium in price, coming to an end? As summer now turns to fall in the northern hemisphere, the stonkcoiner dream of bitcoinizing finance is rapidly becoming a nightmare. The bitcoin paper summer of issuing shares to clueless financial markets at (extreme) overvaluations to thereby buy bitcoin […]
BlackRock Weighs Tokenized ETFs on Blockchain in Push Beyond Treasuries: Report
The world’s largest asset manager is exploring putting exchange-traded funds on chain, sources told Bloomberg. What to know: BlackRock is exploring how to bring exchange-traded funds (ETFs) onto public blockchains, people familiar with the matter told Bloomberg. The sources said the asset manager is weighing tokenizing funds tied to real-world assets such […]
Bitcoin or Gold: Which Is the Better Hedging Asset in 2025?
Bitwise’s André Dragosch argues gold still protects against stock sell-offs while bitcoin hedges bond stress — raising questions about their roles in 2025 portfolios. What to know: Given the Trump administration’s vocal and demonstrated support for crypto, some investors are likely wondering whether gold’s days as the world’s favorite hedge […]
CFTC: Crypto Firms That Left U.S. Can Open Doors Here as Foreign Boards of Trade
The U.S. derivatives regulator issued a “reminder” that foreign crypto firms registered with the CFTC as FBOTs can directly handle U.S. customers. What to know: The Commodity Futures Trading Commission — under its ongoing “crypto sprint” to open a wider path for U.S. crypto business — issued an advisory on Thursday that […]
Rich Bitcoiners Are Reportedly Spending BTC on Luxury Holidays: Does This Really Make Sense?
Private jet flights, yacht cruises and boutique hotels are now taking crypto. But does it make sense for bitcoin’s new wealthy to actually spend their coins? What to know: Bitcoin’s latest rally is spilling over into the luxury holiday market. The Financial Times (FT) reported earlier today that private jet firms, cruise lines […]
At Bitcoin Asia Everything Was Upside Down
In Bitcoinland nowadays, everything seems upside down; despite all the bullish energy, all the records hit, and the bitcoin treasury companies vacuuming the world for cheap sats, the price keeps falling. The dissonance was at a maximum at the recently concluded Bitcoin Asia in Hong Kong. The suits are here, […]
Most Bitcoin Still Belongs to Individuals, but Institutions Are Catching Up: Research
River’s research estimates BTC ownership at 65.9% for individuals, 7.8% for funds, 6.2% for businesses and 1.5% for governments. About 7.6% is believed to be lost. What to know: River says individuals still own the majority of bitcoin. The U.S.-based bitcoin financial services firm revealed ownership distribution research dated Aug. 25 […]
Bitcoin Network Hashrate Returned to All-Time Highs in August: JPMorgan
The combined market cap of the 13 U.S.-listed bitcoin miners the bank tracks reached a record high last month. What to know: The Bitcoin network hashrate returned to record highs last month, increasing around 50 exahashes per second (EH/s) to an average of 949 EH/s, Wall Street bank JPMorgan (JPM) said in a research […]
