Happy Thursday, advisors! In today’s newsletter, Laurie Rosini, partner at McDermott Will & Schulte, explains why banks are moving deposits on-chain via permissioned environments. Then, in “Ask an Expert,” Morva Rohani breaks down the differences between stablecoins and tokenized deposits. Happy reading. – Sarah Morton Tokenized deposits are going on-chain — but they won’t be
Bitcoin BTC$71,936.32 may be moving closer to forming a “golden cross”, a technical pattern commonly interpreted as a bullish long-term momentum signal. The pattern would emerge if bitcoin’s 50-day simple moving average (SMA), currently at $63,976, continues to rise and crosses above its 200-day SMA, currently at $69,005. The potential crossover comes as bitcoin trades
Beldex, a privacy-focused blockchain infrastructure company, has raised $8 million in a new funding round, bringing its total capital raised to $36 million. The company is working on encryption tools aimed at artificial intelligence agents alongside its existing suite of privacy products. The round was led by Sigma Capital, with participation from NTC, Nxgen, Digital
Intercontinental Exchange has signaled it may put more money into Polymarket’s next funding round after building a $1.64 billion stake in the prediction market platform. Bloomberg reported Thursday that ICE Chief Executive Officer Jeff Sprecher said the New York Stock Exchange parent would consider participating if its involvement could help Polymarket complete the round. “We’ll
August is already shaping up as a record-setting month for dormant bitcoin spends. It opened with the Coldcard incident, where nearly 2,000 $BTC were stolen from hardware wallets running faulty firmware. The latest wave of sleeping bitcoin, however, is not associated with the stolen funds but likely instead reflects old-school holders quietly moving coins to
In a notable shift in U.S. equity market activity, Strategy (MSTR), the Bitcoin treasury company formerly known as MicroStrategy, has climbed to 17th place in trading volume rankings, surpassing tech giant Google (GOOG). The data, compiled by BitcoinTreasuries.net, highlights the growing investor interest in companies with significant Bitcoin holdings. Market Activity and Investor Sentiment Trading
Bitcoin’s price surged further on Thursday, blowing past $72,000 the day after President Trump held a meeting with crypto executives and urged lawmakers to get the long-awaited Clarity Act over the line. The leading cryptocurrency was trading for $71,758 at 8am in New York, after jumping nearly 12% over a 24-hour period. It touched as
Bitcoin exchange-traded funds (ETFs) recorded their largest quarterly net outflows on record in the second quarter of 2026, with a total of 77,033 $BTC exiting these investment vehicles. According to data from K33 Research, as shared by the analytics platform Unfolded, the bulk of the selling came from retail investors rather than institutional players. Retail
A sharp short-term move has pushed $BTC to around $71,838 on August 20, 2026, its strongest stretch in months. The Bitcoin crypto rally rests on real catalysts: falling yields, political pressure on Congress, and an end to whale selling. $BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways $BTC trades around $71,838 on