Key Takeaways An ethereum whale sold 7,323 ETH ($13.96M), pushing realized losses on the position above $19 million. The whale bought ETH at an average $2,723 between February 2022 and March 2023, then staked it for years. Separately, a new wallet received 1,346 BTC ($87.28 million) from Galaxy Digital in a fresh OTC-style move. Three
Key Takeaways France introduced a bill to enact the CARF framework, sharing crypto users’ data with 48 countries. The bill accelerates data collection, sparking privacy concerns among French crypto holders. A tax official allegedly selling data fueled a rise in violent wrench attacks against crypto owners. France Seeks Automatic Exchange of Crypto Data With New
Key Takeaways Senator Bernie Moreno declared CLARITY Act negotiations over, blaming Democrats for its potential failure. Some Republicans oppose the bill, fearing deposit flight could hurt community banks and farm loans. The bill needs 60 votes to pass, but unresolved ethics disputes make swaying enough Democrats unlikely. CLARITY Act Negotiations Finished, Democrats Will ‘Have a
Key Takeaways Spot bitcoin ETFs added $98.85 million, stretching a streak to 5 straight days. Spot ether ETFs added $49.60 million the same day, marking 4 consecutive days of inflows. Blackrock’s IBIT captured $479 million of a $626 million three-day haul earlier in the week. A Fifth Day, Right on Schedule The latest numbers mark
Key Takeaways BIP-110 signaling sits near 2.6% as Bitcoin approaches block 961632. Fork.observer links 50+ nodes to expose any Bitcoin chain divergence live. BIP110.org and 6 other trackers will reveal what follows block 961632. For those who haven’t followed the BIP-110 fight, it is essentially a proposed change to Bitcoin’s rules that would restrict how
Key Takeaways Gate’s tokenized SPCX token logged $332M and $360M in volume on August 4-5 ahead of the unlock. SpaceX stock closed up 6.1% at $114.92 on August 6 despite 911.5 million shares unlocking. Morgan Stanley’s Adam Jonas called the unlock an entry point, with Bernstein targeting $248. A $700 Million Bet on One Day’s
Key Takeaways Circle renewed Coinbase’s USDC deal as Q2 revenue reached $701M, preserving a key distribution channel. USDC ended Q2 at $73.3B as Circle’s 150+ partnerships widened competition in stablecoin distribution. Circle ruled out quarterly dividends, betting reinvestment can deliver stronger shareholder returns in 2026. Circle Says No to Quarterly Dividends as Growth Takes Priority
Key Takeaways Genius Sports signed Polymarket on Aug. 4 and Kalshi on Aug. 5. Genius booked prediction-market revenue in Q2, before either deal was signed. Q2 revenue rose 65% to $195.5M; Genius still posted a $76.7M net loss. One Data Supplier Playing Both Sides of the Prediction-Market Rivalry Genius Sports will supply Kalshi with real-time
Key Takeaways The EU is set to revise the MiCA framework to allow excluded foreign stablecoins like Tether to operate. This regulatory review is heavily influenced by the U.S. GENIUS Act and Trump’s pro-stablecoin policies. Diplomats will also consider expanding the framework to regulate emerging tokenized payments and deposits. EU Set To Review MiCA’s Provisions
Key Takeaways Michael Saylor says Bitcoin can succeed without the CLARITY Act. Senate delays crypto market structure legislation until September. Saylor links the CLARITY Act to digital capital growth. Saylor Separates Bitcoin’s Future From US Crypto Legislation On Aug. 7, Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), stated on X that Bitcoin can