Bessent’s Bond Buyback Gamble, Druckenmiller’s Response, and More – Weekly Recap

Bessent’s Bond Buyback Gamble, Druckenmiller’s Response, and More – Weekly Recap

Treasury Sec. Scott BessentThis week’s stories showed crypto pushing deeper into traditional finance as markets rallied. Charles Schwab moved beyond BTC and ETH by adding SOL, AVAX and LINK, while Circle minted 5 billion USDC in a week. Bitcoin reclaimed $80,000 as Treasury buybacks fueled debate over yield suppression, with Stanley Druckenmiller warning against intervention. Meanwhile, Coinbase and […]

source https://news.bitcoin.com/featured/bessents-bond-buyback-gamble-druckenmillers-response-and-more-weekly-recap/
Bitcoin Early Adopters Stir as 6,427 BTC Worth $500M Moves in August

Bitcoin Early Adopters Stir as 6,427 BTC Worth $500M Moves in August

Following the Coldcard exploit that occurred 30 days ago in July, the episode and others that followed appear to have rattled many long-term holders, as August brought an enormous wave of dormant coins moving to new addresses. According to the latest metrics, 6,427.59 dormant BTC worth $507 million moved for the first time in years […]

source https://news.bitcoin.com/featured/bitcoin-early-adopters-stir-as-6427-btc-worth-500m-moves-in-august/
Russia’s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans

Russia’s Largest Bank Sber Eyes BTC, ETH, USDT for Crypto-Backed Loans

sberbankRussia’s largest bank plans to expand crypto-backed lending by accepting bitcoin, ether, and tether as collateral after new regulations take full effect. Sberbank says the initiative will build on its digital asset loan pilot. Sberbank Plans to Expand Crypto-Backed Lending Sber, Russia’s largest bank, majority-owned by the government, plans to accept bitcoin, ether, and tether […]

source https://news.bitcoin.com/finance/russias-largest-bank-sber-eyes-btc-eth-usdt-for-crypto-backed-loans/
Fedwatch Turns Hawkish With 57% Odds of September Rate Increase

Fedwatch Turns Hawkish With 57% Odds of September Rate Increase

Federal Reserve Note.September suddenly looks far less comfortable for rate-cut bulls, with the CME Fedwatch tool now pricing a quarter-point Federal Reserve hike at 57% at the upcoming Federal Open Market Committee (FOMC) meeting, after Chairman Kevin Warsh delivered a Jackson Hole speech that markets took as distinctly hawkish. The real action is now centered on the […]

source https://news.bitcoin.com/finance/fedwatch-turns-hawkish-with-57-odds-of-september-rate-increase/
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Don’t Trust, Verify: Poisoned AI Links Expose a Nightmare for Crypto Workers

Don’t Trust, Verify: Poisoned AI Links Expose a Nightmare for Crypto Workers

This week, the co-founder of Refi Hub, Numa Lunah, explained that he was compromised by following a download link delivered inside a Claude chat window. The warning is a wake-up call to blockchain and crypto industry workers, as links, skills, and other packages can lead to irreversible theft. Claude Chat Link Turns Into a Malware […]

source https://news.bitcoin.com/security/dont-trust-verify-poisoned-ai-links-expose-a-nightmare-for-crypto-workers/
Ripple Donates $300K to Support Nepal and Tibet Flood Relief

Ripple Donates $300K to Support Nepal and Tibet Flood Relief

RippleRipple is donating $300,000 to World Central Kitchen and Mercy Corps following devastating floods in Nepal and Tibet. The funding will support emergency meals, clean-water access, and sanitation efforts in affected communities. Ripple Directs $300K to Emergency Assistance A $300,000 Ripple donation will support emergency food, water, and sanitation assistance after destructive flooding struck Nepal […]

source https://news.bitcoin.com/featured/ripple-donates-300k-to-support-nepal-and-tibet-flood-relief/

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