Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
USDCx will let users transact without publicly exposing balances, counterparties or transaction histories, while allowing selective disclosure for compliance.
Miden bets on privacy stablecoins with introduction of USDCx
In this week's Crypto Long & Short, LMAX Group's Jenna Wright argues that markets break down not from too little capital but from capital stuck in the wrong place, trapped by settlement cycles while risk reprices by the minute. She makes the case that stablecoins and tokenization are quietly becoming the plumbing that lets money move as fast as the risk it supports.
Crypto Long & Short:
U.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target. The U.S. Consumer Price Index (CPI) rose 0.1% in July on a seasonally adjusted basis, the Bureau of Labor Statistics reported Aug. 12. That landed […]
Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test
Comptroller Jonathan Gould said firms engaged in legally permissible activities, including “digital assets and other novel technologies,” should have a path to becoming a national bank, adding: “America and the OCC are once again open for business.” The statement does not automatically approve crypto companies as banks. Applicants still have to pass the OCC’s normal chartering revi
US Banking Regulator Opens Bank Charter Path to Crypto Firms
On Tuesday, Aug. 11, onchain trackers caught a Genesis ethereum (ETH) wallet moving 2,680 ETH worth $5.03 million after sitting untouched for 11 years. The ancient stash was worth just $830 back then, meaning the long-forgotten pile delivered a staggering 605,924% gain. Much like dormant bitcoin whales suddenly rising from decades of slumber, vintage ethereum […]
Ethereum’s Oldest Whales Wake up as Millions Leave Deep Storage
Kalshi launched access to its sports and crypto perpetual data feed through DoubleZero’s dedicated fiber network to bolster institutional data access.
Kalshi launches sports and crypto perps data feed on DoubleZero
Smart contract blockchain Solana nearly froze Wednesday, Marinade Finance says
Slovenia entered the EU’s MiCA stablecoin register through electronic money institution Dinaro, as the update also added two new CASPs.
Slovenia joins EU’s MiCA stablecoin register with first issuer
Pi Network price rose more than 5% toward $0.090 on Aug. 12 as the Protocol 26 deadline passed and softer U.S. inflation data supported speculative assets. Pi Network price action today According to data from crypto.news, Pi Network (PI) price…
Pi Network price gains 5% as CPI cools, upgrade passes
Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s global profile.
El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’
Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.
Wintermute to pour $1B into AI, high-frequency trading amid TradFi expansion: Report
Harmony Protocol’s native token, ONE, fell more than 30% to an all-time low after an attacker exploited the network to mint over 4 billion unauthorized tokens. Token Collapses After 4-Billion Token Minting Exploit Harmony Protocol’s native token, ONE, plunged more than 30% Wednesday to reach an all-time low following an exploit that enabled an attacker […]
Harmony’s ONE Plunges 30% After Attacker Mints 4 Billion Tokens
HashKey Exchange and OSL Group are now authorized distributors, enabling institutional and professional investors to mint and redeem HKDAP tokens.