Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.” Source:Cointelegraph
JPMorgan says Hyperliquid ETF inflows have stalled as competition mounts
After leading crypto ETF inflows in May and June, demand for Hyperliquid funds stalled in July and August as competition intensified, the bank said.…
Bitcoin treasury trade ‘breaking’ and fund holdings drop 10%: Analysis
Doubts emerge over the Bitcoin corporate treasury model as institutional BTC investment vehicles cut holdings. Source:Cointelegraph
33 stocks to bet on foreign markets continuing to beat the S&P 500
Surprisingly, many foreign markets are way ahead of the U.S. in yeartodate performance. Source:MarketWatch
Free Markets and Innovation, Sort Of
The Journal’s editorial board rejects crypto competition and instead misinterprets Clarity, a proinnovation, procompetition, and proconsumer bill, argues the…
Why Sandisk and Western Digital crashed 10% and what it means for bitcoin
Strong earnings from SanDisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI…
Bitcoin, ether benefit as traders seek safety of largest tokens
The two largest cryptocurrencies are the only CoinDesk 20 members in positive territory as altcoins fall out of favor. Source:CoinDesk
Situational Awareness returns with $400M investment after nearly collapsing: Report
Situational Awareness reportedly made a $400 million investment in an undisclosed company, days after the hedge fund nearly collapsed following July’s AI stock…
Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M
USlisted Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million. Source:Cointelegraph
S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why
The S&P 500 just added roughly the entire crypto market's value this month. Bitcoin has barely moved, and the reasons go beyond the obvious. Source:CoinDesk
Fed’s Cook says she’d support rate hike if disinflation stalls
Federal Reserve Governor Lisa Cook said she is “prepared to act” if inflation remains too high above the Fed’s target rate. Source:Cointelegraph
ElizaOS token sinks 19% to record low after founder declares it ‘dead’
Eliza Labs founder Shaw Walters said the project transferred its remaining treasury to settle a tokenholder lawsuit and will continue building Eliza without an…