Bitcoin surged 24% in August, recording its strongest monthly gain since November 2024, before stabilizing around $78,000 following this sharp rise. According to economists, high oil prices and rising US Treasury bond yields have limited further gains in $BTC. On the other hand, expectations for an interest rate hike in September have significantly increased following
Markets are said to hate uncertainty, and traditional finance is serving it right now from all directions, including the institutions that set the rules. An article published in NHK today is a perfect example. The Tokyo-based newspaper said U.S. Treasury Secretary Scott Bessent encouraged Japan to raise interest rates to stem the ever-sliding yen. That’s
OpenAI’s founders are on the cover of TIME magazine’s Sept. 7 issue, arms crossed beneath the headline “Trust Us.” For AI bulls, it is a milestone. For contrarians, it is also the kind of mainstream cultural moment that has marked the late stages of past market manias. The idea is known as the magazine-cover indicator.
Cantor Fitzgerald, a Wall Street investment bank, has increased its price target on Coinbase Global Inc. to $212 from $184, while maintaining an overweight rating on the cryptocurrency exchange. The adjustment reflects a broader recovery in the digital asset market, with Bitcoin recently climbing to $80,000, according to a research note from the bank. Why
Strategy raised $602.8 million by selling 4,531,421 MSTR common shares in one week, then split the proceeds among a renewed Bitcoin purchase, support for its STRC preferred stock, and additional cash. The company’s Aug. 31 filing attributed $369.7 million to buying Bitcoin, $151.8 million to repurchasing 1,557,177 STRC shares, $50.7 million to STRC dividends, and
Pyth Network has announced its integration with Fenics market data, which enhances the accessibility of institutional OTC pricing. This initiative aims to facilitate better price discovery for fixed-income trading, an area that often operates off-exchange. The integration is crucial as it could reshape trading strategies and market participation in the OTC space. More details can
Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.” Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth’s founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses. MSCI said earlier
On September 15, 2026, Trust Wallet removes built-in support for 25 blockchain networks from its app. Your coins do not disappear: the balances stay on their respective chains and remain tied to your recovery phrase. What goes is the convenient route to them. From that day the affected networks no longer appear in the app’s
Polymarket is reportedly raising approximately $1 billion at a $21 billion valuation, with Donald Trump Jr.-linked 1789 Capital planning to contribute about $300 million. The Wall Street Journal reported the financing plans on Aug. 31, citing people familiar with the round. Alexa Henning, a spokesperson for 1789 Capital, separately confirmed the planned investment and valuation