ENA token rises 10% as Ethena puts revenue-funded token buybacks to vote
The Ethena Foundation proposed buying the token supply held by major early investors and revealed a fee switch to turn 95% of net protocol revenue into ENA…
IREN shares fall 8% as costly AI transition weighs on earnings
Weakening profitability overshadowed a major milestone in IREN’s transformation into an AI cloud provider. Source:CoinDesk
Here’s why Warsh’s Jackson Hole speech is a major event for bitcoin and gold
Warsh’s Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and longterm yields.…
Bitcoin is trading at a premium on Coinbase after a long time. Here's what it means
The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000. Source:CoinDesk
Bitcoin under $80,000, solana leads majors higher before Warsh's Jackson Hole debut
Every major but HYPE gained over 24 hours, capping a week that added 9% to bitcoin and 20% to solana. Source:CoinDesk
An XRP treasury company backed by Ripple is a shareholder vote away from Nasdaq
The SEC cleared the paperwork for Evernorth's merger with a shell company, setting up a Sept. 30 vote and a listing under the ticker XRPN. Source:CoinDesk
20 stocks likely to lose money even if the bull market continues
Certain stocks are such poor bets that they are likely to lose ground even in bull markets. Source:MarketWatch
Grayscale says Zcash can challenge Bitcoin’s network effects as privacy demand grows
ZEC has climbed roughly 19fold in a year, yet Grayscale says its sub1% share of Bitcoin’s market cap leaves room for further upside. Source:Cointelegraph
How will stocks perform when the Fed chair speaks at Jackson Hole? Here’s what history tells us.
Kevin Warsh is due to deliver his first Jackson Hole speech since taking the helm at the Federal Reserve. Here’s what to expect from markets. Source:MarketWatch
Ethena surges as buyback vote, VC unlock overhaul boost token outlook
The changes aim to cut investor selling pressure and channel protocol revenue to ENA as Ethena looks to revive USDe growth. Source:CoinDesk
Bitcoin eyes $81K as Nvidia earnings beat boosts risk assets
Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion. Source:Cointelegraph
Bitcoin’s 23% rally sends beaten-down miners soaring past AI stocks
Canaan, American Bitcoin and Cango jumped as much as 67% as renewed crypto demand showed BTC exposure can still drive mining equities despite the industry’s AI…