Cryptocurrency
Bitcoin ETFs Post $202M Outflow After 9-Day Inflow Run
US-listed spot Bitcoin exchange-traded funds (ETFs) ended a nine-day inflow streak as Bitcoin fell below $78,000, while several altcoin ETF categories continued to see inflows.Bitcoin ETFs recorded $201.8 million in net outflows on Friday, ending nine consecutive trading sessions...
Cryptocurrency
Solana Governance Approves Faster Reduction in SOL Issuance
Solana validators have approved a proposal to double the network’s annual disinflation rate, reducing future SOL issuance.According to finalized voting results, the proposal received 67% support, with 25.16% voting against and 7.84% abstaining. Overall participation reached 60.7% of eligible...
Cryptocurrency
Chelsea FC Gets a Stablecoin Sponsor after UK FCA Warning to Clubs
Circle, the issuer behind the USDC stablecoin, will be the latest sponsor for the Chelsea Football Club just months after the UK’s financial watchdog warned about “questionable sponsorship deals with unauthorized financial firms,” including crypto companies.In a Friday announcement,...
Cryptocurrency
Bullish Backs USD.AI with $100M for AI Infrastructure Loans
Institutional crypto exchange operator Bullish has provided USD.AI with a $100 million stablecoin-based debt facility to finance loans secured by GPU infrastructure, the companies announced Friday.USD.AI will use the facility to lend to AI infrastructure operators, with the loans...
Cryptocurrency
Solana vote to double disinflation passes by a hair in dramatic finish
Solana's first network-wide vote went down to the wire, with Kraken and Galaxy-linked validators switching sides before the disinflation proposal narrowly passed.
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Cryptocurrency
Bitcoin Stays Below $80,000 as Fed’s Warsh Talks Inflation At Jackson Hole
Bitcoin (BTC) saw volatility after Friday’s Wall Street open as markets reacted to US Federal Reserve chair Kevin Warsh’s comments on future monetary policy.Key points:Bitcoin initially fell during Fed chair Kevin Warsh’s Jackson Hole keynote speech before circling $79,500.Warsh...
Cryptocurrency
Crypto Biz: Bitcoin Rally Lifts Crypto Stocks, Circle and Solana
Bitcoin’s return above $80,000 is exposing just how much the crypto industry now runs through traditional capital markets. Michael Saylor’s Strategy needs a receptive market to finance its Bitcoin machine (BTC), Circle’s outlook increasingly resembles a bet on the...
Cryptocurrency
Who Is Legally Liable When An AI Agent Goes Rogue?
Autonomous AI agents can behave in highly unpredictable ways. Give an AI Agent a goal such as passing a test of its capabilities, and it might just decide the best way to score highly is to break containment and...
Cryptocurrency
Bitcoin Gained $14,264 in a Week, Galaxy Says Next Bottom Signal Is Close
Key TakeawaysBitcoin gained $14,264 (22.7%) in one week, its largest-ever weekly dollar gain.Galaxy Research flags bitcoin’s 50-week moving average near $82,470 as the next bottom-confirmation signal.Bitcoin touched $81,000 recently before easing back, with Treasury buyback changes cited as a...