Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Summary Bitcoin traded at $64,384, down 0.69% …
Andrew Grant
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Crypto
Strategy Doubles Down on BTC as it Nears $65K: Will an August Gamble Pay Off For Saylor?
by Andrew Grantby Andrew GrantIn Bitcoin news today, BTC USD is trading near $64,800 as three distinct forces converged this week to reframe the asset’s risk and opportunity profile simultaneously. A Federal Reserve official …
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LDO remains trapped in a multi-year downtrend, with analysts watching $0.47 as the level needed for a possible reversal. Analyst Crypto Patel said on August 6 that Lido DAO’s …
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Michael Saylor said ChatGPT helped him design the preferred stock financing model that enabled Strategy to raise about $15 billion for its Bitcoin-focused balance sheet. Summary Saylor credited ChatGPT with …
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Crypto
Transatlantic Crypto Framework: What the US-UK Stablecoin Deal Means for Markets
by Andrew Grantby Andrew GrantThe United States and the United Kingdom have announced a formal joint digital asset framework, marking the most significant transatlantic regulatory alignment effort in crypto history and a boost to …
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Senator Elizabeth Warren supports establishing federal rules for digital assets but has rejected the CLARITY Act in its current form, citing unresolved concerns over corruption, consumer protection, national security and …
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Crypto
Senate Stall Meets Transatlantic Deal: Crypto Regulation’s Divided Week
by Andrew Grantby Andrew GrantTwo things happened in CLARITY Act crypto regulation this week that point in opposite directions, and understanding both is essential to reading where policy risk sits in your portfolio right …
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Regardless of the risks, HYPE remains one of the few digital assets with solid potential for the long term, one popular analyst claimed. HYPE – the native token of …
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Crypto
StrongBlock loses $72K after attacker hijacks abandoned governance system
by Andrew Grantby Andrew GrantAn attacker has drained about $72,000 worth of STRONG and STRNGR tokens after taking control of StrongBlock’s abandoned on-chain governance system through a malicious proposal. Summary An attacker drained about …
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Crypto
Uniswap Debuts Pools.trade for Token Launches on Robinhood Chain
by Andrew Grantby Andrew GrantCompeting launchpad tokens lost momentum as traders rotated into the new narrative surrounding Pools.trade’s debut. Uniswap has launched its first token launchpad, Pools.trade, on Robinhood Chain, opening the door …