Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July 30, Japan’s Ministry of Finance […]
A standard six-sided die produces about 2.6 bits of unpredictable information with every roll. That may not sound like much, but repeated enough times, those rolls can create the raw randomness needed to secure a bitcoin wallet without relying on software or an electronic component. Why a Die Roll Is So Difficult to Predict Claude […]
Coinbase Head of Institutional Strategy John D’Agostino says he remains “relentlessly optimistic” the CLARITY Act passes, even as Wall Street odds-makers put the bill’s chances well below 50%. A Coinbase Exec’s Case for Optimism D’Agostino, Coinbase’s Head of Institutional Strategy, told reporters he is confident the Digital Asset Market Clarity Act, or CLARITY Act, will […]
U.S. spot bitcoin ETFs posted $265.4 million in net outflows on July 31, led by Blackrock’s IBIT, while spot ether ETFs pulled in roughly $9 million the same day. A Sharp One-Day Reversal US spot bitcoin ETFs recorded $265.4 million in total net outflows on July 31. Blackrock’s iShares Bitcoin Trust (IBIT) led the retreat […]
The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills, the company grew its gold stash by 14 tons of physical gold, with a net revenue of $1.5 billion. Tether Releases Q2 Attestation, Reports $1.5 […]
Shares of Strategy Inc. fell about 7% after the company released second-quarter earnings, while Peter Schiff argued that its STRC financing priorities increasingly disadvantage MSTR shareholders. The dispute highlights competing views over preferred-stock stability, bitcoin reserves, and common-stock value. Schiff Targets Strategy’s STRC Priority Selling pressure intensified around Strategy Inc. (Nasdaq: MSTR) on July 31 […]
Bitcoin ETFs attracted $233.13 million on Thursday, extending their recovery to a second straight session. Ether, XRP, and solana funds also finished in positive territory, while HYPE ETFs recorded no net flows. 7 Bitcoin Funds Gain as Blackrock Pulls $183.38M The institutional bid for bitcoin returned with force. After ending a four-day losing streak one […]