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News
Spot Bitcoin ETFs see $462M in net selling as Fed decision looms
7+ hour, 57+ min ago (310+ words) A week of heavy redemptions reversed nearly half the previous week's inflows as rate hike expectations surged to 87% US spot Bitcoin ETFs just had their worst week in months, shedding roughly $462.7 million in net outflows between September 8 and 11. The reversal…...
Bitwise CIO Matt Hougan breaks down why Strategy's Bitcoin sales didn't crash the market
12+ hour, 39+ min ago (350+ words) Strategy sold over $200 million in Bitcoin, and the price went up, which tells you something important about where this market is headed. Official Bitwise brand assets Strategy, the company formerly known as MicroStrategy that essentially turned itself into a publicly…...
Symbiosis recovers 15 BTC after Bitcoin Bridge exploit, offers attacker 20% bounty
14+ hour, 51+ min ago (423+ words) A vulnerability in the BridgeV2 contract allowed unbacked syBTC minting with a notional value of $46.1B, though actual losses were far smaller A cross-chain protocol walking away from a $46.1 billion notional exploit with roughly $336,000 in actual losses sounds like a near-miss story…...
Bitwise research finds 67% of wealth managers lack crypto allocation
16+ hour, 19+ min ago (342+ words) An informal poll of roughly 400 wealth managers reveals massive untapped demand, with 60% planning to add crypto exposure within the next year. Two out of three wealth managers still have zero crypto in their client portfolios. That’s the headline number from…...
Corporate America is racing to raise capital as Treasury yields flirt with 5%
16+ hour, 45+ min ago (487+ words) US investment-grade bond issuance has surged 27% year-over-year as companies wrestle with a deceptively simple question: borrow now or gamble on lower rates later The 10-year Treasury yield is knocking on 5%, and corporate treasurers across America are staring at their screens…...
Bond market pushes for Fed rate hikes despite limited impact on gas prices
17+ hour, 47+ min ago (83+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
CME Group faces unusual position amid $93T trading boom
20+ hour, 30+ min ago (551+ words) The world's largest derivatives exchange is suing the CFTC over how Bitcoin perpetual futures should be classified, and the outcome could reshape crypto trading in the US. CME Group Inc. logo (public domain, Wikimedia Commons) CME Group, the exchange that…...
$150M in crypto long positions liquidated in 24 hours: WhaleInsider
22+ hour, 37+ min ago (410+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
US faces $7.5T Treasury debt refinancing challenge this year amid rate hikes
22+ hour, 57+ min ago (137+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Mexican authorities uncover illicit crypto mining operation linked to cartels
23+ hour, 38+ min ago (386+ words) A raid in Puebla's remote mountains seized roughly 300 GPUs from a facility allegedly siphoning electricity from a federal hydroelectric dam Hidden in the Sierra Norte mountains of Puebla, Mexico, a crypto mining farm was quietly doing two things at once:…...