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AI Boost

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Markets

Asia Morning Briefing: Bitcoin Holds Steady as Traders Turn to Ethereum for September Upside

QCP flags governance risk and a softer dollar as tailwinds for hedges like BTC and gold, but Flowdesk’s options desk and Polymarket traders point to ETH as the market’s upside play into September.

Gold ether coins in a small pile, symbolizing ETH investment

Markets

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from crypto vehicles in the next month, Arca CIO Jeff Dorman said.

Solana (SOL) price (CoinDesk)

Markets

Grayscale Launches Ethereum Covered Call ETF as Money Rushes Into ETH Funds

The new ETF, which opens for trade today under the ETCO ticker, aims to use an options strategy to generate income.

(Getty Images for Unsplash)

Finance

'NFTs Turned Out to Be a Fad,’ Says Kevin O’Leary as He Buys $13M Collectible Card

The Shark Tank investor sees NFTs as a "fad," reveals investment thesis in high-end physical collectibles.

Kevin O'Leary (CoinDesk)

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Finance

Etherealize Raises $40M to Bring Ethereum to Wall Street

The new capital builds on an earlier grant from Vitalik Buterin and the Ethereum Foundation.

(Shutterstock)

Markets

Bullish Gets Cautious Outlook from Compass Point

The current valuation is hard to justify, said analyst Ed Engel, initiating coverage with a neutral rating and $45 price target.

Crypto exchange Bullish goes public on the New York Stock Exchange. (CoinDesk/Nik De)

Finance

AlphaTon Capital Shares Surge on TON Treasury Announcement

The company, which will operate under the ticker "ATON" starting Sept. 4, will manage TON network infrastructure, it said.

Telegram app on a smartphone (Christian Wiediger/Unsplash)

Tech

Lido Launches GG Vault for One-Click Access to DeFi Yields

GG Vault will automatically deploy user deposits across a basket of trusted DeFi protocols, helping investors earn yield without having to manage multiple positions themselves.

Large open bank vault door symbolizing secure bitcoin storage

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Finance

U.S. Bank Resumes Bitcoin Custody Services, Adds Support for ETFs

NYDIG will serve as the bank’s sub-custodian for digital assets.

Safe deposit boxes

Markets

ArbitrumDAO Incentivizes DeFi Growth With 24M ARB Token Rollout

Season one of the DAO's $40 million DeFi Renaissance Incentive Program (DRIP), is aimed to drive up DeFi in its ecosystem

Arbitrum Booth(Danny Nelson/CoinDesk)