Here’s how Bessent’s newly activist Treasury Department is undercutting the Fed’s Warsh
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the…
States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them
Prediction markets like Kalshi are regulated in different ways across states. There’s a better way for them to thrive. Source：MarketWatch
Bitcoin rally sends crypto stocks soaring as miners, treasury companies jump
Bitcoin’s rally above $79,000 lifted miners and treasury companies, with Canaan, Strive and Metaplanet posting doubledigit gains as crypto stocks surged.…
Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing. Here's why.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market. Source：CoinDesk
Strategy sits on $1.4 billion profit on bitcoin holdings as price surges
Strategy’s common stock rose 10% in Friday premarket trading to $120, the highest level in two months. Source：CoinDesk
Ripple backs an RLUSD credit fund amid XRP's best week in months
Clearpool and Cicada Partners are building an institutional lending product using RLUSD, though the XRP Ledger features underpinning it are still awaiting…
MANTRA token sinks 18% to record low amid blockchain halt
The token recovered to about $0.0044 after setting a new low, while exchanges paused deposits and withdrawals from the halted MANTRA Chain. Source：Cointelegraph
Bitcoin pushes past $75,000 as rally continues.
"Bears in pain, right now," wrote bitcoin analyst James Check. Source：CoinDesk
A $2 million bet on XRP volatility crosses the tape as prices surge
An options trader opened a large straddle on XRP, betting on wild price swings by Aug. 28. Source：CoinDesk
US debt tops $40T stoking debate on what it means for Bitcoin
Analysts say the $40 trillion debt milestone could bolster Bitcoin’s longterm case, even as Treasury yields, dollar strength and liquidity remain key nearterm…
Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist
Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer. Source：CoinDesk
Bitcoin price reaches $72.5K as US issues ‘Economic D-Day’ threat to Iran
Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran. Source：Cointelegraph