No Anthropic Stock Exists, but Crypto Traders Just Priced It at $2T
Key TakeawaysBinance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time,...
Business
BitMart Misses Roadmap Deadline and Appoints Financial Adviser
BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but...
Circle Targets Global Payments Growth With Tazapay Acquisition
Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock deal expected to close in...
Capital B Buys 376 Bitcoin for $29.4M as Treasury Grows to 3,521 BTC
Key TakeawaysCapital B bought 376 BTC for $29.4M, lifting its bitcoin treasury to 3,521 BTC.Adam Back and TOBAM-backed funding show...
Bitfinex Puts Strategy, Metaplanet Stock Onchain in Tokenized First
Key TakeawaysBitfinex Securities listed five tokenized notes tied to Strategy, Metaplanet, H100 and Capital B on Sept. 1.The notes are...
SoFi Opens Banking Rails to Kraken in Sweeping Crypto Alliance
Key TakeawaysSoFi and Kraken linked up Sept. 3, and it could be a significant deal for crypto payments.Kraken said it...
Banco Do Brasil Makes Latam’s First Digital Structured Note Trade
Key TakeawaysBanco do Brasil invested $5M in a Citi digital note via Euroclear, accelerating cross-border transactions.This Latam-first blockchain move bypasses...
SWIFT Services Provider Taps Chainlink to Bring 600 Banks Onchain
Key TakeawaysBottomline connects Chainlink technology to a network serving 600-plus banks.Chainlink targets friction in a Bottomline ecosystem processing $16 trillion...
Blackrock, Nasdaq, Citadel to Join SEC’s 24/7 Trading Roundtable
Key TakeawaysThe SEC’s Sept. 17 roundtable will look at what 24/7 trading could mean for U.S. stocks.Of the 27 TradFi...
Markets Buckle After US Strikes Iran, Dow Sinks 400 Points
Key TakeawaysU.S. airstrikes on Iran sent the Dow down 401 points and bitcoin 1.5% lower.Gold fell 2.35% and silver 2.86%...
Blackrock’s BUIDL Hits $2.8B, Reclaims Treasury Crown
Key TakeawaysBlackrock’s BUIDL fund holds about $2.8 billion in assets, or 18.5% of the $15.1 billion market.BUIDL lost the top...
Fedwatch Turns Hawkish With 57% Odds of September Rate Increase
Key TakeawaysCME’s Fedwatch tool puts a Sept. 16 federal funds rate (FFR) hike at 57%, versus just 39.9% on Aug....
Tokenization Threatens Deposit Stability, Dallas Fed Researchers Warn
Key TakeawaysDallas Fed researchers warn 24/7 tokenized deposits could reduce bank maturity transformation by $580B.Chris Turner of Kula argues token...
BitGo Acquires NYDIG Institutional Trading Business
BitGo has acquired the institutional trading business of Bitcoin infrastructure company NYDIG, adding derivatives and financing capabilities as it expands...
Bessent’s Bond Buyback Gamble Could Pour Fuel on Bitcoin’s Price
Key TakeawaysBitcoin reclaimed $80,000 on Aug. 28 after breaking key $79,000 resistance.Volatility wiped out $416 million in crypto liquidations as...
Sticky Inflation Strikes Again as Fed Faces Stagflation Trap
Key TakeawaysSticky inflation remains a problem and some believe stagflation is looming.In a market note shared with Bitcoin.com News, Devere...
Druckenmiller Blasts Treasury’s $4B Gambit as Bitcoin Bulls Circle
Key TakeawaysTreasury doubles long-bond buybacks to at least $4B as 30-year yields stalk 2007 highs.Arthur Hayes sees a six-figure bitcoin...
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in...
Securitize Brings Neuberger’s $230 Billion Credit Platform Onchain
Key TakeawaysSecuritize launched HINC with Neuberger, bringing $230B fixed-income expertise onchain.Securitize put HINC on 4 chains, pushing tokenization beyond Treasuries...
Druckenmiller Bets $88m on Bitdeer and Hyperliquid Strategies
Key TakeawaysStanley Druckenmiller pivoted to digital assets, acquiring a $64.7M stake in crypto miner Bitdeer in Q2.He also bought $23.1M...
Bitcoin, Stocks and Gold Rip Higher While Bond Market Fear Festers
Key TakeawaysBitcoin rose from about $62,653 to a $79,461 high, trading near $77,000 on Aug. 21.CME and Binance held about...
Treasury Boss Targets Bond Yields
Key TakeawaysBessent said Treasury buybacks could exceed $4 billion per operation.Bitcoin stands above $72,000 per unit Aug. 20 as long-term...
