Key Takeaways Gold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT. China’s PBOC added 20 tonnes of gold in July, extending its buying streak to 21 months. U.S. CPI data is the next test as gold traders watch the $4,500 level. The metal ran as high as roughly $4,434
Key Takeaways Riot signed Anthropic for 191 MW through 2048, with the deal worth up to $16.1B. Riot’s artificial intelligence (AI) pivot lifted data-center revenue to $23.2M as bitcoin mining revenue fell to $113.7M. Riot plans 96 MW by Dec. 2027 and all 191 MW by June 2028, making AI core to growth. Riot Converts
Key Takeaways Bitcoin exchange-traded funds (ETFs) saw $144.67M in outflows, ending a 5-session inflow streak. Solana gained $8.83M as ether lost $14.59M, showing institutional demand is fragmenting. Blackrock cut IBIT’s in-kind threshold to $1M from $25M, potentially widening ETF access. Blackrock, Grayscale Drive $144.67M Bitcoin ETF Outflow The week began with a change in tone.
Key Takeaways White House adviser Patrick Witt has set a hard September 15 deadline for the Senate to advance the bill. Senate Majority Leader John Thune says Democrats blocked a floor vote before the August recess. Polymarket odds for 2026 passage fell to about 15.5%, down from roughly 30% a week earlier. A Hard Deadline
Key Takeaways Bertie Ahern’s AB Foundation applied to dissolve after never trading following its 2025 launch. The collapse highlights rising regulatory scrutiny for crypto entities tied to a Cambodian group under U.S. sanctions. The Irish CRO will formally dissolve the non-profit as crypto philanthropy faces tighter global oversight. Inactive Since Launch The AB Foundation, an
Key Takeaways Blackrock’s Robbie Mitchnick confirmed the $1 million threshold on Bloomberg TV. IBIT drew $479 million in three days as bitcoin ETFs extended a weekly inflow streak past $750 million. The lower bar lets smaller institutions redeem IBIT shares for bitcoin, tightening the fund’s price tracking. Mitchnick Confirms the Change Robbie Mitchnick, Blackrock’s head
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The game that sparked the global web3 gaming explosion is about to face its ultimate decentralization test. Axie Classic, the original card-battler that introduced millions of players to play-to-earn mechanics, is officially winding down its
Key Takeaways On July 27, 2026, an Ohio Lottery player spent $100 on two Millionaire Blowout tickets to win dual prizes. Modern paper lotteries like Ohio’s run 26.75% tax automation and risk engines akin to Big Tech fintech. The winner will allocate $384,562 toward Toledo local auto dealers, extended travel, and savings in 2026. On
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Philippine stock market is on the verge of a long-awaited fintech wave, but digital banking titan Maya is letting its biggest competitor take the stage first. Maya is now targeting an initial public offering
XRP prices surged to $3.04 the previous day, but subsequently retreated to $2.94, encountering short-term resistance. The recent surge was primarily driven by rising expectations for an ETF and active institutional investors in the derivatives market. XRP futures contracts listed on the Chicago Mercantile Exchange (CME) have reached 386 million XRP, a 74% increase from