Bitmine’s $257M annualized staking income ‘fills’ operational gaps, share buybacks: analysts
Bitmine’s Ether staking revenue is an important financial buffer that fills financial gaps and provides recurring revenue streams beyond Ether’s price…
‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje
Flying Tulip founder Andre Cronje contends that DeFi protocols have evolved into a new financial paradigm of “onchain finance” but have sacrificed some of…
Bitcoin speculators keep BTC price ‘pinned’ below $68.7K: Glassnode
Bitcoin’s weakness near range highs stems from shortterm holders trying to break even on underwater BTC investments, Glassnode says. Source：Cointelegraph
Metaplanet denies selling bitcoin worth $320 million
Metaplanet CEO dismisses bitcoin sale rumors, confirms 43,000 BTC holdings Source：CoinDesk
Crypto valuations could double as protocols link revenue to tokens: Bitwise CIO
Bitwise’s Matt Hougan expects revenuecapture mechanisms to spread across DeFi applications and layer1 networks over the next 12 to 24 months.…
Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer
Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Source：Cointelegraph
Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests
An inline inflation print removed a tail risk but gave BTC little reason to rally, leaving Jackson Hole, jobs data and the next CPI release as the market’s…
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin and Etherlinked income funds, to Goldman Sachs Asset Management. Source：Cointelegraph
Now China wants to become the shop floor for the Muslim world
Chinese exporters are moving into halal food, cosmetics and fashion, but success in this vast market depends on something harder to manufacture than cheap…
Fidelity files with SEC to add staking to Ethereum ETF
Fidelity plans to add staking to its Ether fund, with 85% of rewards retained by FETH and quarterly cash distributions planned for investors.…
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Nonqualified investors face a 300,000ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap. Source：CoinDesk
Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF
The fund would keep 85% of gross staking rewards, with the remaining 15% going to service providers. Source：CoinDesk