Bitcoin’s faces a weird new macro reality as the Fed turns off the tap and Treasury opens the floodgates
Bitcoin’s current rally started when the Treasury Department announced on Aug. 19 that, beginning Sept. 9, it would at least double the maximum size of certain buyback operations for government bonds with 10 to 30 years left to maturity, raising…
DAOs are forcing crypto protocols to choose between code and emergency brakes
Compound is a crypto lending protocol governed by holders who delegate their COMP tokens, a setup known as a decentralized autonomous organization, or DAO. It works like an online republic, with token holders debating proposals, voting, and letting…
Solana’s plan to cut account deposits by 90% could weaken a reason to hold SOL
Eligible Solana token-account owners can reclaim excess SOL previously needed to keep their token accounts open after the network’s first rent reduction went live Sept. 3. For businesses funding new accounts, the same change lowers the upfront…
Zcash breaks $1,000 as its spot ETF crosses $400 million in assets
Zcash broke above $1,000 on Sept. 4, pushing the asset value of Grayscale’s recently listed ZCSH ETF past $400 million less than two weeks after its debut. ZEC registered an intraday high of $1,050.70, up roughly 20% over 24 hours and nearly 100% over…
Parked Coldcard loot begins moving as attacker routes $1.6M in stolen Bitcoin to Ethereum
Bitcoin flagged by blockchain data provider Bitquery as linked to the 2026 Coldcard hardware-wallet theft crossed into Ethereum this week after a tracked 20.5 BTC stash began moving. The route shifted the case from a largely parked stash to an active…
BlackRock’s Bitcoin ETF barely beat the S&P 500 after putting investors through a 53% crash
BlackRock’s Bitcoin exchange-traded fund (ETF) has narrowly outperformed the S&P 500 since launch despite subjecting investors to a drawdown nearly three times as deep. The iShares Bitcoin Trust, or IBIT, returned 67.74% from its Jan. 11, 2024 debut…
Stopping a blockchain doesn’t always recover stolen funds – What actually happened when 3 networks pulled the plug
Three blockchain networks stopped producing blocks within four days. Each blockchain halt used different emergency powers, and Cronos alone also replaced part of its canonical history. Cronos said validators halted the network by consensus after an…
AI data centers are learning the power trick Bitcoin miners mastered first
Every answer you get from an AI chatbot begins with electricity. The words appear on your screen, but the actual work happens in a distant building packed with computer chips. Those chips draw power, move data, and produce enough heat to require…
Coinbase’s $104M US500 trading spike hits an early reality check
Coinbase US500 futures reached a $100 million milestone, giving the exchange an early test of whether a crypto-native trading mechanism can travel into regulated US equity markets. The chart attached to Armstrong’s Aug. 28 post tracked trailing 24-hour…
Fed Chair Kevin Warsh triggers a $488 million crypto liquidation cascade as rate-hike expectations rise
Bitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data from CryptoSlate shows the largest cryptocurrency dropped to as low as $76,909 before recovering to $77,712 as of press time,…