Crypto campaign fund Fairshake faces $2 million setback in Florida primaries
In a race that drew criticism to crypto's leading political action committee for featuring fake headlines in ads, Fairshake's expensive effort fell short.
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Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks.
Bitcoin nears key technical breakout that could propel prices to $76,000
Bitcoin is close to forming a pattern that analysts say could signal prices rising to as high as $76,000.
Coinbase, Circle and Bullish jump as Clarity Act proponents express optimism about bill
COIN and BLSH rose about 8% and CRCL gained nearly 10% ahead of a key procedural vote scheduled for Sept. 15.
AI could supercharge crypto but there’s a catch, Fidelity Digital Assets says
AI agents could boost crypto activity, but much of the value may bypass blockchains and their tokens.
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield strategies that quietly stopped working. Looking at April's $13 billion drawdown,…
HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger
The cross-border transaction is Swift’s first in a pilot project as it tests settlement in its push to remain relevant as stablecoins and tokenized deposits become widely used worldwide.
Cantor opens Kalshi prediction markets to thousands of institutional clients
The investment bank will help its roughly 3,000 institutional clients execute large block trades in event contracts.
Strengthen the Clarity Act
The American Bankers Association seeks to strengthen the Clarity Act, not kill it, argues Rob Nichols, president and CEO of the ABA.
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized institutional loans.
Bitcoin is flashing 8 of 12 capitulation signals, but bottom's not yet in, says VanEck
Similar setups have historically produced below-average 90-day and 180-day bitcoin returns, said the asset manager.
A year after losing $1.46 billion, Bybit says AI helped it save $700 million
The exchange that lost $1.46 billion to North Korean hackers is the first large centralized firm to put numbers on a claim bitcoin developers have been making all month.