Tag: Scarcity

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SharpLink posts $1B loss as its $1.7B Ethereum treasury could take 90 days to fully convert to cash

Ethereum treasury company SharpLink reported a $1.08 billion net loss for the six months ended June 30. Its Aug. 7 quarterly filing attributes...

Blockstream Debuts Bitcoin Swaps For Moving Between Lightning

Bitcoin infrastructure company Blockstream has announced a new feature allowing users to make trustless swaps.  Dubbed Blockstream Swaps, the idea...

Brazil’s $319B Crypto Market Faces October Licensing Deadline: CertiK

In brief Brazil ranks 5th worldwide for crypto use and pulled in $318.8 billion on-chain in a year, according to a new report from...

Strategy Boosts Dollar Reserve After Bitcoin Sale

Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock.The...

Hedge funds abandon structural shorts to bet on a bitcoin rally

Hedge funds trading bitcoin BTC$64,931.10 futures on the Chicago Mercantile Exchange have turned net long, according to Ki Young Ju, CEO of blockchain...

Wintermute Enters $60T Wall Street Arena With SEC License to Power Tokenized Securities Boom

Key Takeaways:Wintermute USA is now an SEC-registered broker-dealer and member of FINRA.The approval will broaden its institutional trading capabilities in the U.S. market.The...

Top Stocks to Watch This Week: Earnings From Rocket Lab, CoreWeave and Applied Materials

TLDR Rocket Lab reports Monday with focus on its Neutron rocket timeline and a $2.2 billion backlog CoreWeave reports Tuesday as investors watch margins...

What next after $853 million in weekly ETF inflows?

Bitcoin BTC$65,171.82 exchange-traded funds (ETFs) pulled in $853.54 million in net inflows for the week ended Aug. 7, the largest weekly total since...

White House crypto adviser blasts Senate Democrats as CLARITY Act hits September deadline

White House crypto adviser Patrick Witt called out Democrats for stalling the CLARITY Act’s progress. On X, he accused them of orchestrating a...