Nvidia shares rise after earnings top estimates, guides to $108 billion in revenue next quarter
The tech bellwether reported fiscal second-quarter results after the bell on Wednesday.
Crypto
What Traders Are Watching for Bitcoin’s Next Move
Bitcoin’s monster rally just hit its first real test. Here’s why each catalyst matters and how they could move the price from here.
Better launches Bitcoin-backed mortgages powered by Coinbase
Better and Coinbase have launched a crypto-backed mortgage product that lets US homebuyers pledge Bitcoin as collateral for a down payment without having to sell it.
Galaxy Opens Retail Crypto-Backed Credit Lines on Bitcoin, Ethereum and Solana
GalaxyOne clients can borrow cash against Bitcoin, Ethereum, and staked Solana at 8.99% APR without selling a coin.
US Banks Join Forces to Build a Blockchain of Their Own
The BankChain Alliance aims to give smaller financial institutions access to tokenized deposits and blockchain payments through a shared network targeted for 2027.
Bitcoin Wallets Dormant for Over a Decade Move $40M in One Week
Six wallets that slept through Bitcoin’s entire boom woke up between Aug. 16 and Aug. 26, moving tens of millions in BTC.
Solana Treasury Firm Invites Investors to Look ‘Beyond the Price of SOL’
Nasdaq-listed SOL treasury company DeFi Development Corp launched a free network dashboard on Wednesday. Its pitch: judge Solana on more than just price.
Chainalysis estimates $457B in taxable crypto activity, says CARF misses most
The blockchain analytics firm said just 14% of the onchain activity it identified is covered by the OECD’s international crypto tax-reporting framework.
‘The Government Doesn’t Own Our Data’: Prosecuted GrapheneOS User
Samuel Tunick, facing five years over a wiped phone, said he was secretly placed on a watch list as a suspected terrorist.
Crypto CEO Faces US Extradition Over Alleged $20 Million Token Scheme
Manpreet Kohli, accused of making $20 million from an alleged scheme to manipulate the Saitama token, is a step closer to facing trial in Boston.
SEC sends crypto custody rule overhaul to White House for review
The securities regulator’s crypto custody overhaul could clarify how investment advisers and funds hold digital assets for clients as the proposal moves through review.
Tokenized Deposits Could Drain $700 Billion From Bank Lending, Dallas Fed Warns
A shift toward faster, more rate-sensitive deposits could push banks into safer assets, constrain lending, and raise borrowing costs, Dallas Fed researchers said.
77% of Americans see crypto in retirement plans as risky: Survey
A new survey finds broad skepticism toward crypto in workplace retirement plans as US policymakers move to expand access to alternative assets.
Bitcoin dips below $78K as stocks, gold fall on higher US PCE Inflation data
Bitcoin stayed away from challenging $80,000 after July US PCE inflation data came in slightly higher than anticipated, pressuring gold and risk assets.
XRP Leads Crypto Pullback as Leverage Unwind Tests Rally
XRP led losses among the 10 biggest cryptocurrencies today. The charts show the real test for its rally is only getting started.
Shinhan and Visa team up to test stablecoin issuance and B2B settlements in South Korea
Shinhan Financial Group will use Visa’s platform to test stablecoin issuance, remittance, and redemption while building new AI-powered payment models.
Ethereum Devs Propose Deposit Contract Overhaul to Quantum-Proof Staking
The proposal would let validator keys grow to 8,192 bytes and adds a switch that permanently retires today’s BLS signatures.
Protocol upgrade decouples consensus from execution to solve scaling bottlenecks
CTDG Dev Hub participant’s protocol upgrade decouples consensus from execution, allowing network nodes to reach agreement on blocks before transaction execution completes.
Crypto Long & Short: Tokenized equities: the model underneath the trade
In this week’s Crypto Long & Short, CoinDesk’s Joshua DeVos writes that demand for tokenized equities is accelerating fast, from $16 billion to more than $590 billion in perpetual futures in a single year, but that the headline growth hides the question that matters most. Two tokens can trade under the same ticker while granting … Read more
Ethereum developers propose first step to protect ETH staking from quantum attacks
A draft proposal would allow validators to deposit with quantum-resistant keys, then permanently stop accepting the format the network runs on today.
SEC’s proposed crypto rules probably won’t spark new ICO boom
The SEC’s ‘regulation crypto assets’ proposals could create early-round FOMO. But some tokens may still fall into the no-man’s land between security and non-security.
Students want crypto classes but learn on social media: OKX survey
A separate review found only about 28% of accredited US business schools offered blockchain courses, despite strong demand in the OKX poll.
Digital Euro Will Offer ‘Maximum Level of Privacy,’ ECB Board Member Says
Piero Cipollone said the Eurosystem would not be able to link individuals to transactions, though the banks handling them still could.
Bernstein forecasts Bitcoin to reclaim $125K by late 2026 ahead of cycle peak
Bernstein expects Bitcoin to reclaim $125,000 by late 2026, before reaching $300,000 in 2029 under its base case, with a bull case of $500,000.
Revolut Launches Euro-Pegged EURR Stablecoin
EURR has gone live for selected customers in Denmark, Poland and Portugal, with a Luxembourg subsidiary of Stripe holding the reserves.
Taurus links digital asset platforms to Swift’s blockchain ledger
Taurus expects first institutional clients to connect in days, with initial DLT transactions through its platforms expected within weeks.
Morning Minute: LayerZero Announces ATLAS as New Settlement Engine
The market liked the news, with ZRO up 10% and jumping nearly 50% off its local bottom.
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks’ lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs.
ECB claims digital euro will offer ‘maximum level of privacy’ amid surveillance fears
Central bank officials say the Eurosystem will be structurally unable to link users to purchases, but civil society groups remain skeptical.