Analysis
As a Pension Embraces Bitcoin, Hope Grows for Cryptocurrency's Long-Term Prospects Even Among Conservative Pros
Wisconsin's state pension put $160 million into BlackRock and Grayscale's Bitcoin ETFs, showing even risk-averse investors are able to embrace crypto and possibly presaging a "slowly building wave of demand."

Bitcoin Fee Crash Could Lead to Faster Miner Selling, Analysts Say
Bitcoin's mean transaction fee has reversed the post-halving Runes-led spike, squeezing miners' revenue.

Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event
The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.

Trump and Biden Tied on Polymarket, Diverging From Polls
Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election.

No, Hong Kong's Crypto ETFs Aren't Available in Mainland China
The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

How Changpeng Zhao's 'Good Guy' Reputation Secured a 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend poring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart.

Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states.

Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back
The Ethereum development company is seeking regulatory clarity on a number of questions, in a case that some experts see as potentially heading to the Supreme Court.

The Key to Reviving Bitcoin Bull Run Is the U.S. Treasury’s Refunding Announcement
Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.
