XRP ETFs hit a speed bump, but big investors aren’t dumping their tokens yet
A roughly $5.15 million outflow from US spot XRP exchange-traded products on Sept. 17 interrupted a $192 million inflow month. The reversal creates the first clean test of whether recent demand is cooling, yet the broader flow pattern still favors the…
From Kaiko to OpenZeppelin, S&P Global is quietly preparing for markets that never close
S&P Global agreed to acquire smart contract security firm OpenZeppelin, expanding its digital asset business into the technology underpinning tokenized finance. On Sept. 17, the financial data and ratings company said that OpenZeppelin will continue…
Bitcoin miners have amassed $100 billion of AI deals, but almost none of the revenue exists yet
Bitcoin miners have signed more than $100 billion in AI contracts while generating barely $1.1 billion in annualized revenue. More than 4 gigawatts of artificial intelligence and high-performance computing capacity are under contract across publicly…
A new XRPL upgrade could concentrate XRP ownership inside banks instead of retail wallets
A proposed XRP Ledger (XRPL) upgrade could let banks and fintechs absorb XRP costs so customers never need to hold the token. The Sponsor amendment, based on the XLS-68 Sponsored Fees and Reserves proposal, would let a company pay account reserves and…
Bitcoin’s $80,000 ceiling looks fragile after stocks shrugged off near-5% Treasury yields
Bitcoin failed to break $80,000 on Sept. 11 as US stocks climbed about 1% and long-dated Treasury yields stayed near levels not seen in years. Bitcoin registered an intraday high of $79,890, still short of the $80,000-$82,000 resistance zone identified…
Bitcoin tests critical $76,000 support cluster during macro energy shock
Bitcoin fell below $77,000 on Sept. 10 as oil rose above $100, and a global bond selloff pushed traders toward another Fed hike. BTC reached an intraday low of $76,676.07, Nasdaq 100 futures fell 0.7%, and the 10-year Treasury yield climbed to 4.93%…
Strategy erased nearly $8 billion of net debt in 11 months and put S&P’s junk rating on the clock
Strategy, the largest Bitcoin treasury firm, is making a case for an escape from its B- junk credit rating after building billions of dollars in liquidity and reducing debt. On Sept. 10, Strategy’s head of investor relations, Chaitanya Jain, said the…
Solana’s 300ms speed boost to outrun trading bots might come with a hidden cost
Solana’s shorter trading intervals could let liquidity providers keep more of the value that trading bots extract from outdated pool prices. Fee-charging pools whose prices lag external markets have the clearest modeled benefit. Solana’s mainnet has…
Strategy doubles its stock buyback to $2 billion to pull its STRC shares back to $100
Strategy doubled the size of its preferred-stock repurchase program to $2 billion Tuesday as Michael Saylor’s Sept. 8 recovery benchmark arrived with STRC still short of its $100 stated value. The board’s decision extends a campaign that was approaching…
Metaplanet’s Bitcoin boom quietly turned a 46 million-share executive pay plan into a 319 million-share windfall
Metaplanet’s Bitcoin expansion has exposed an executive compensation windfall that shareholders want the company to unwind. The dispute centers on an executive options pool that expanded as the Tokyo-listed company repeatedly issued equity to finance its…