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Crypto News

Bitcoin Surpasses $80,000 Following ETF Inflows and Treasury Policy Shift
Bitcoin reached its highest price since mid-May, driven by significant spot ETF inflows and a shift in U.S. Treasury bond buyback operations.

Shein Targets $26.5 Billion Valuation in Hong Kong IPO
Fast-fashion retailer Shein plans to raise approximately $1.7 billion through a Hong Kong initial public offering, reflecting a valuation significantly lower than previous private-market peaks amid increased market competition.

New York Fed Research Links Stablecoin Inflows to Financial Crises
A New York Federal Reserve study indicates that dollar-pegged stablecoins are increasingly utilized in countries facing financial instability, potentially complicating government efforts to enforce capital controls.

Bitcoin and Gold ETFs Record Combined Inflows of $7 Billion
Bitcoin and gold exchange-traded funds saw a record $7 billion in combined inflows over five US trading sessions, driven by investor interest in scarce assets amid concerns over US debt and currency stability.

US Solana ETFs Record $9.1 Million Inflow as SOL Price Recovers
US Solana exchange-traded funds saw $9.1 million in net inflows on Aug. 26, contributing to a monthly total of $113 million as the price of SOL reclaimed $100.

Strategy Inc. Raises $2 Billion for New Cash Pool
Strategy Inc. has secured $2 billion through equity sales to establish a USD cash pool, increasing the firm's total liquidity to approximately $6.69 billion.

Coinbase Introduces Tokenized Stocks on Base Blockchain
Coinbase has launched tokenized stocks on the Base network, a move that has coincided with an increase in market expectations for a potential Base token release by the end of 2026.

Solana Prepares Transaction v1 Upgrade to Increase Payload Capacity
Solana is launching Transaction v1 on testnet, increasing the maximum transaction size from 1,232 bytes to 4,096 bytes to support complex operations.

Strategy and BitMine Diverge in Capital Allocation During Crypto Market Rally
As Bitcoin and Ethereum prices rose last week, Strategy prioritized building a $6.7 billion cash buffer while BitMine continued to accumulate Ethereum to reach a 5% supply target.

Zcash Holders Prepare for Governance Vote on Network Issuance and Block Times
Zcash holders are approaching a snapshot deadline to participate in a signaling vote regarding potential changes to the network's issuance model and block speed.

30-Year Treasury Yield Hits 19-Year High Amid Inflation Concerns
The U.S. 30-year Treasury yield has climbed to 5.33%, reaching a level not seen in 19 years. This increase signals rising long-term borrowing costs and potential inflationary pressures that may influence upcoming Federal Reserve policy decisions.

Pump.fun Surpasses Hyperliquid in Weekly Revenue
The Solana-based memecoin launchpad Pump.fun recorded over $10 million in weekly protocol fees for the first time, exceeding the revenue generated by Hyperliquid.
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