A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally
CME leveraged funds turn net long as weak futures yields undermine the oncepopular basis trade. Source:CoinDesk
U.S. CPI inflation, Securitize, Gemini among earnings reports: Crypto Week Ahead
Your look at what's coming in the week starting Aug. 10 Source:CoinDesk
UK regulators to prepare tokenized gold framework: Report
The UK’s FCA is reportedly preparing a regulatory framework for tokenized gold and how these products may be used as collateral assets in wholesale markets.…
Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fall
The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than…
This bitcoin miner rejected BIP-110 despite mining through a pool that supported it
Ocean, a bitcoin mining pool, had been backing BIP110 by default. Simple Mining, a company that runs mining machines through Ocean, used software from the pool…
Bitcoin tops $65,000 with US inflation data due this week
Every major except XRP is green on the week, with BTC, ether and BNB each up nearly 3% as global stocks trade near a record. Source:CoinDesk
XRP is getting left behind in the crypto bounce even as ETFs keep attracting investor money
The token fell 5% last week while BTC, ETH and SOL climbed. Source:CoinDesk
Bitcoin investors pour $853 million into spot ETFs. BlackRock’s IBIT claims the bulk
Bitcoin ETFs recorded $853.54 million in net inflows last week, the strongest since midApril, with BlackRock’s IBIT taking the bulk. Source:CoinDesk
Why trillion-dollar asset manager T. Rowe Price put memecoins in its crypto ETF
The $1.9 trillion asset manager says excluding established memecoins on principle would undermine its active approach to crypto investing. Source:CoinDesk
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibilliondollar CRO treasury and reportedly not integrate prediction markets…
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit monthtodate highs above $65,000 as riskassets gained on low US nonfarm payrolls data. Source:Cointelegraph
U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question
The chances of a Federal Reserve rate hike at its next meeting in September have slipped below 50% in the aftermath of the report. Source:CoinDesk