America’s Strategic Petroleum Reserve (SPR) has plunged to 311 million barrels, its lowest point since March 1983, as the U.S.-Iran conflict drains the country’s last major energy buffer. The U.S. Energy Information Administration (EIA) confirmed the reserve shed another 5.1 million barrels in a single week, deepening a 49% volume loss over five years.
Bitcoin’s current price in the $64,000–$65,000 range is giving retail investors a sense of déjà vu and mild anxiety, as this is exactly where the asset stalled during the previous cycle. However, major players see a completely different story in the chart. Tether adviser Gabor Gurbacs said that Bitcoin is now “massively undervalued” at these
Public equities are leading the growth of RWA markets. While RWA started out with bonds and money funds, tokenizing stocks has started to find a use case in the category. Public equities are coming on-chain at a higher rate, becoming a key type of RWA. The ability to trade some of the hottest trending stocks
In brief Galaxy Digital launched a Bitcoin Quantum Readiness Initiative built on three pillars: up to $5 million in developer grants for post-quantum solutions, a research program through Galaxy Research, and a Quantum Advisory Council of academic experts. The effort targets “Q-Day,” when a quantum computer could use Shor’s algorithm to forge Bitcoin signatures and
Robinhood chain has seen a massive growth curve ever since its mainnet launch on July 1. From flipping Base to lead all Ethereum Layer 2s in daily transactions to an average of around 26,000 new tokens launching on the chain daily, the network is compounding rapidly. Data from Dune now shows that Robinhood chain sits
Chainstack, a well-known Web3 infrastructure company, has enabled support for the famous blockchain Robinhood Chain. The integration attempts to broaden infrastructure options available for builders developing on the L2 blockchain that focuses on tokenized stocks. As Chainstack revealed in its official announcement, the development permits users to deploy Dedicated and Global Nodes for dependable far
Bitcoin saw a broad wave of exchange outflows on July 20, with nearly $686 million worth of $BTC leaving major trading platforms. CryptoQuant contributor Amr Taha highlighted this record in a recent commentary. Notably, Binance accounted for most of the withdrawals, recording its largest daily net outflow since April. For context, if the coins remain
Bitcoin $BTC$66,249.44 and the broader crypto market are rising amid reports that the White House has agreed to the wording of an ethics package for the Clarity Act. The move could improve the chances of the long-pending legislation progressing through Congress, paving the way for stronger institutional participation. It remains to discern who is buying