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Markets

NAKA Plunges 55% as PIPE Investors Ready Sales

AI-related bitcoin mining stocks extended gains as Tesla jumps on Elon Musk’s share purchase.

CoinDesk

Markets

Bitcoin Whales Join Dump; All BTC Wallet Cohorts Are Net Sellers

Glassnode data shows all wallet groups are back in distribution mode, while regional trading patterns highlight Asia’s strength and Europe’s weakness.

Trend Accumulation Score by Cohort (Glassnode)

Markets

Memecoins Under Pressure as SHIB, Dogecoin Slide After Shibarium Loses $2.4M in Hack

The BONE token involved in the flash loan attack has nearly erased the initial spike alongside losses in top memecoins.

(Minh Pham/Unsplash)

Policy

Bank of England’s Proposed Stablecoin Ownership Limits Are Unworkable, Say Crypto Groups: Report

Industry leaders told the Financial Times the plan would be hard to enforce, risk driving business abroad and mark the U.K. as tougher than the U.S. or the EU.

Bank of England (Robert Bye / Unsplash)

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Markets

Asia Morning Briefing: Native Markets Wins Right to Issue USDH After Validator Vote

Stripe-owned Bridge to manage reserves alongside BlackRock, with rollout starting in days.

(Arnaud Jaegers/Unsplash)

Markets

BitMEX Co-Founder Arthur Hayes Sees Money Printing Extending Crypto Cycle Well Into 2026

Hayes told Kyle Chassé that governments will keep printing money, fueling crypto well into 2026, while urging bitcoin investors to take a longer view.

Bitcoin Image

Markets

Bitcoin Bulls Bet on Fed Rate Cuts to Drive Bond Yields Lower, but There's a Catch

Longer-term Treasury yields may rise despite the anticipated Fed rate cuts, potentially offsetting the expected bullish effects on BTC and other risk assets.

U.S. Federal Reserve in Washington. (Jesse Hamilton/CoinDesk)

Markets

Are the Record Flows for Traditional and Crypto ETFs Reducing the Power of the Fed?

U.S. ETFs hit $12.19 trillion in assets under management with $799 billion in inflows this year, raising questions over whether the Fed’s influence on markets is fading.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash)

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Markets

Corporate Bitcoin Buying Slowed in August as Treasuries Add $5B

Public companies crossed 1 million BTC in holdings, but overall accumulation lagged compared to July, a pause that coincided with Bitcoin's bull market stalling.

Bitcoin Logo (modified by CoinDesk)

Markets

Fed’s Sept. 17 Rate Cut Could Spark Short-Term Jitters but Supercharge Bitcoin, Gold and Stocks Long Term

Markets brace for a widely expected Fed rate cut on Sept. 17, with history suggesting near-term turbulence but longer-term gains for risk assets and gold.

Fed Chair Jerome Powell at July 30 FOMC Press Conference