Tether Sheds $870M in 11 Days as Stablecoin Demand Weakens Tether’s $USDT supply is shrinking after years of rapid expansion, adding to signs that some crypto capital is moving offchain rather than simply rotating between stablecoins. Cryptoquant data shows $USDT’s 60-day rolling supply change at roughly negative $4 billion. About $870 million of that decline
Europe’s largest asset manager, Amundi, has significantly increased its exposure to Strategy (formerly MicroStrategy), boosting its shareholdings by 148% to reach 1.32 million shares. The move, reported by Cointelegraph, underscores a growing institutional appetite for companies with substantial Bitcoin treasury reserves. Amundi’s Strategic Expansion Amundi’s decision to nearly triple its position in Strategy (MSTR) signals
Prediction market platform Kalshi is in discussions to raise fresh capital at a valuation of approximately $40 billion, according to a report from The Information on Aug. 12, citing sources familiar with the matter. If finalized, this would mark a significant jump of about 82% from the $22 billion valuation the company achieved during its
As of the morning of August 11, 2026, U.S. artificial intelligence (AI) concept stocks showed mixed performance in pre-market trading as capital rotation and emerging crypto-adjacent tokenized equities gained traction. Palantir Technologies (NASDAQ: PLTR) fell 1.07% in early trading, while peers such as Advanced Micro Devices (AMD), Micron Technology (MU), Marvell Technology (MRVL), and Arista
The National Statistical Office (NSO) of India has released the Consumer Price Index (CPI) report today. The report revealed that the country’s retail inflation surged to 4.45% in July, up from 4.38% in June. Although the inflation rate is slightly below the expected 4.5%, July marks another month of rising prices in India. Now, all
Crypto market maker Wintermute plans to invest about $1 billion in high-frequency trading and artificial intelligence target=”_blank” rel=”noopener noreferrer”>Bloomberg report citing founder and CEO Evgeny Gaevoy. Wintermute expects to fund the spending with retained earnings. The push follows a drop in crypto activity. Wintermute’s average daily trading volume fell to about $10 billion this year
Hi readers, Welcome to our institutional newsletter, Crypto Long & Short. This week: Markets rarely break because capital is scarce, but rather when it is trapped in the wrong place, writes Jenna Wright of LMAX Group. Top headlines institutions should pay attention to by Francisco Rodrigues “$ENA’s funding sensitivity has structurally faded ” in Chart
Standard Chartered-led Anchorpoint Financial has started a limited rollout of HKDAP, its Hong Kong dollar-backed stablecoin, four months after securing one of the city’s first two issuer licences. The initial rollout will focus on institutional payments and settlement before adding more access channels and cross-border applications. HashKey Exchange and OSL Group joined as authorized distributors,