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The cultural tone of the entire ecosystem has shifted wildly in the last few years. “Bitcoin Maximalists” have essentially faded off into the background in terms of having any kind of cultural influence or impact at all.
Dominant narratives, actual actions, and real impact has become completely dominated by either the Suitcoiners, clownish Wall Street types building the exact same kind of degenerate leveraged financial products on top of Bitcoin that caused the 2008 financial crisis, or the Degens, completely degenerate Ordinals obsessed cypherpunks with a moronic fixation on the notion of ascribing ownership to jpegs stored on the blockchain.
It’s frankly kind of disgusting…
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A proposal to pre-mint 60 million crvUSD to bootstrap Curve’s new Yield Basis AMM is sparking debate across the governance forum and social media, raising deeper questions about the DAO’s authority, risk management, and how to safely scale the protocol’s stablecoin footprint.
Yield Basis, led by Curve founder Michael Egorov, is a new Curve-native AMM that uses constant leverage to eliminate impermanent loss in Bitcoin pools. To launch its first three pools — wBTC, cbBTC and tBTC — Yield Basis is asking for a 60 million crvUSD allocation, which it says would be borrowed and paired with BTC to create LP positions on Curve without selling the stablecoin into the…
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Bitcoin surged following Jerome Powell’s remarks at the Federal Reserve’s annual Jackson Hole symposium, igniting fresh momentum in a bull market that has been quietly grinding higher since early 2024.
For much of this cycle, Bitcoin’s rise has come against a headwind of monetary tightening. The story of this bull run began when BlackRock filed its spot Bitcoin ETF application in June 2023, which marked the institutional green light for Bitcoin adoption. Since then, despite persistent inflation concerns, rate hikes, and constant talk of “higher for longer,” Bitcoin has continued to march higher, shaking off the macro drag.
Today could mark a turning point. Powell’s…
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Bitcoin has recently set new all-time highs, yet many of the leading Bitcoin treasury companies have been underperforming significantly. Despite Bitcoin itself recently pushing well above $120,000, the share prices of firms such as (Micro)Strategy remain far from their peaks. Are these companies likely to see a sustained recovery, or has their period of outperformance already passed?
Bitcoin Treasury Companies: Massive BTC Holdings in 2025
Examining the table of Top Public Bitcoin Treasury Companies reveals a total of 79 public companies hold at least 100 BTC, amounting to almost a million Bitcoin, valued at over $110 billion. A monumental amount, considering a majority of…
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The U.S. Commodity Futures Trading Commission (CFTC) is stepping up its “Crypto Sprint” initiative, signaling strong support for the future of digital assets. Acting Chair Caroline Pham confirmed that the agency is moving into its next phase, opening public engagement on recommendations from the President’s Working Group on Digital Asset Markets. Feedback will be accepted until October 20, 2025, allowing the crypto community and market participants to directly shape federal policy.
This move builds on the CFTC’s August rollout, which cleared the path for trading spot crypto asset contracts on registered futures exchanges. Pham emphasized that enabling digital asset trading at the federal level is a top priority, noting that public input will guide the CFTC’s approach to leveraged and retail crypto trading.
The initiative is expected to broaden beyond spot trading into areas like custody, registration, and oversight, potentially aligning efforts with the SEC. SEC Chair Paul Atkins recently highlighted that most crypto tokens are not securities, stressing innovation as key to building a secure and future-proof framework for U.S. crypto markets.
Ahead of Federal Reserve Chair Jerome Powell’s pivotal Jackson Hole address on Friday, cryptocurrency bettors are pricing in more than an 80% chance that the central bank cuts interest rates this year.
Polymarket Bettors Confident Of Rate Cuts
On the prediction platform Polymarket, the likelihood that the Fed loosens its monetary policy on or before Dec. 31 stood at 85% at the time of writing. Nearly $990,000 has already been wagered on the bet.
Meanwhile, the CME FedWatch tracker showed a 75% chance of a 25 basis-point cut in next month’s meeting, down from 92% a week ago.
Polymarket, based on Polygon POL/USD, allows users to buy “Yes” and “No” shares in USDC USDC/USD. The shares…
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Today, Acting Assistant Attorney General (AAAG) of the Criminal Division of the Department of Justice (DoJ) Matthew Galeotti gave a talk at an event hosted by the American Innovation Project in which he harped on the point that the DoJ will no longer prosecute open-source crypto developers who have no intent to commit a crime.
AAAG Galeotti began his talk by telling the audience that Deputy Attorney General (DAG) Todd Blanche had asked Galeotti to speak to the audience about the DoJ’s focus on “even-handed enforcement of the law” in the digital asset space.
In AAAG Galeotti’s talk, he referenced a memo DAG Blanche issued in April, in which DAG Blanche stated that the…
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I hate it when the bitcoin price falls — like it did this week, first from $118,000 to $115,000, and then $115,000 to $113,000 (and then $112,000 while I was writing; rude). It’s nerve-wrecking, terrifying and straight-up infuriating. We’re on this unavoidable monetary revolution and every identifiable sign is pointing in the same, upward direction — alas, the world won’t cooperate and here we are, looking at an otherwise pretty standard -10%-from-top drawdown.
I get it, it sucks when sways of your net wealth disappear in stomach-churning moves. Advice: don’t ever calculate the dollar amount of what, e.g., the recent -9.2% pullback amounted to for you. Don’t ever…
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