Decentralized Money Didn’t Come From Nowhere

Bitcoin is a financial tool born of code and cryptography. But seen in a wider frame, it belongs to a cultural lineage more than a century old. Since the 1910s, avant-garde movements have probed questions that later became central to Bitcoin: Who decides value? Can rules replace rulers? How do systems record time, distribute trust or resist authority? Far from appearing out of nowhere in 2009, Bitcoin crystallized ideas that had long circulated in artistic experiments.

You don’t need to like art — or on-chain art — to follow this argument. This article is not a case for “Bitcoin art” but for understanding Bitcoin’s conceptual prehistory. If you are a Bitcoin…

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Senate Banking Committee finalizes updated market structure bill draft 

The Senate Banking Committee on Friday afternoon finalized an updated version of its market structure bill, and it includes a key provision that industry members have been pushing. 

The latest version of the Responsible Financial Innovation Act of 2025, which comes in at 182 pages, includes a section titled “protecting software developers and software innovation,” according to a copy of the draft reviewed by Blockworks. 

It’s a section that is notably missing from the House’s market structure bill, the CLARITY Act.

Lawmakers are expected to consider the new version at the end of September, Blockworks reported last week. 

The Senate’s new draft seeks to exclude…

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Peter Schiff Takes A Victory Lap As Gold Hit New All-Time High At $3,600: Bitcoin Is The ‘Wrong Horse’

Bitcoin’s BTC ongoing consolidation phase has sparked a heated debate, with critics pointing to gold’s breakout as proof that BTC has lost steam.

What Happened: Bitcoin critic Peter Schiff noted that Gold GLD surged to fresh all-time highs around $3,600 as the Federal Reserve prepares to cut rates despite sticky inflation.

By comparison, Bitcoin has failed to respond, lagging gold’s breakout and sitting about 15% lower vs. gold than its 2021 peak, Schiff argued.

He framed the divergence as proof that investors backing Bitcoin over gold “picked the wrong horse.”

Bitcoin proponents fired back, with one quipping that “gold may win the sprint, but Bitcoin will win the marathon,” and others…

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Exclusive: Nasdaq approves SOL Strategies listing

SOL Strategies received approval to list its shares on Nasdaq under the ticker STKE, Blockworks has learned exclusively.

SOL Strategies became the first Solana treasury company after rebranding from Cypherpunk Holdings in September 2024. Its stock currently only trades in Canada, however, and the company’s net asset value has been passed by a trio of newer US-based Solana DATs.

Following years of uninspiring stock returns, the Canadian crypto holding company Cypherpunk Holdings tapped board member and ex-Valkyrie CEO Leah Wald as CEO last summer. After taking the reins, Wald remade the company into a Solana DAT — several months before DAT mania took hold of Wall…

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Multicoin’s Kyle Samani expected to be chairman for Solana treasury company: Sources

Multicoin Capital managing partner Kyle Samani is expected to serve as chairman for a forthcoming Solana treasury vehicle, three sources with knowledge of the matter said.

Multicoin hatched plans for a potential $1 billion Solana digital asset treasury company, alongside Galaxy Digital and Jump Crypto, Bloomberg first reported.

According to the report, the DAT is expected to be created via a takeover of an undisclosed publicly traded entity. The transaction is yet to take place. 

Multicoin and Galaxy declined to comment. Samani and Jump did not return requests for comment.

Samani’s role as chairman could answer a question on many Solana watchers’ minds lately: Who will…

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Euro stablecoin push runs into thin liquidity

YO, short for Yield Optimizer, launched a yoEUR vault on Friday, adding fresh momentum to the euro stablecoin trade. But market infrastructure still lags behind. Cross-chain liquidity for Circle’s EURC is limited, causing distortions in interest rates on borrow and lending markets not seen with larger USD-pegged stablecoins.

yoEUR is a multichain yield vault designed to optimize returns on EURC. Like YO’s earlier offerings, covering ETH, BTC and USD, the vault allocates capital across multiple chains and strategies using a risk-adjusted framework.

The “yoTokens implement the ERC-4626 tokenized vault standard, with key additions to support a multi-chain architecture,” YO…

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Justin Sun claims WLFI tokens ‘unreasonably frozen’

Tron founder Justin Sun claims his WLFI, the native tokens of Trump-linked World Liberty Financial, has been “unreasonably frozen” after a blacklisting on Thursday. 

Sun is, according to the post, unable to transfer or use his multi-million dollar stash of WLFI  after supposedly making an onchain move of roughly $9 million worth of the asset.

The reported blacklisting, which can be traced onchain, marked one of the first governance tests for the project, launched by President Donald Trump (who is designated “co-founder emeritus”) and his family, who introduced its token earlier this week.

Since the incident, Justin Sun — who invested at least $75 million into…

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These 3 Signals Statistically Predict Bitcoin’s Next Big Move

For much of this cycle, Global Liquidity has been one of the most accurate indicators for anticipating Bitcoin’s price action. The connection between money supply expansion and risk-asset growth has been well established, and Bitcoin has followed that script remarkably closely. Yet recently, we’ve been paying close attention to a couple of other data points that have been statistically even more accurate in predicting where Bitcoin is headed next. Together, these metrics help paint a clearer picture of whether Bitcoin’s recent stagnation represents a short-term pause or the beginning of a longer consolidation phase.

Bitcoin Price Trends Driven by Global Liquidity…

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LATEST: Sora Ventures Launches Treasury Fund To Acquire $1 Billion In Bitcoin

Sora Ventures has unveiled Asia’s first Bitcoin treasury fund at Taipei Blockchain Week, backed by a $200 million commitment from regional investors. The fund aims to acquire $1 billion worth of Bitcoin within six months, marking a major milestone in institutional adoption of digital assets across Asia.

Unlike individual treasury firms such as Japan’s Metaplanet, Hong Kong’s Moon Inc., Thailand’s DV8, and South Korea’s BitPlanet that hold Bitcoin on their own balance sheets, the Sora fund will act as a central pool of institutional capital. Its goal is to strengthen Asia’s early pioneers while fueling the creation of new treasury firms globally, positioning Bitcoin as a key reserve asset.

Leadership at Sora Ventures emphasized that this initiative represents the largest coordinated commitment to Bitcoin in Asia to date. By aligning regional and international treasuries, the fund signals a shift in Bitcoin investment power, with Asia emerging as a serious contender alongside the U.S. and Europe.

LATEST: Bitwise Expands Presence Listing Five Crypto ETPs On SIX Exchange

Bitwise has listed five flagship crypto exchange-traded products (ETPs) on Switzerland’s SIX Swiss Exchange, strengthening its presence in the European market. The lineup includes products tied to Bitcoin, Ethereum staking, Solana staking, XRP, and an MSCI Global Digital Assets Top 20 index. Each ETP is fully backed by tokens in institutional-grade cold storage, designed to fit seamlessly into traditional portfolios.

The move highlights Switzerland’s role as a leading hub for digital assets, supported by strong investor demand and a clear regulatory framework. It also comes as Europe’s regulatory stance shifts, with the UK set to allow retail access to crypto ETPs in October 2025 and France reviewing rules to broaden distribution.

Bitwise, which manages over $15 billion across 40 products, views the listings as timely and strategic. Executives say the launch provides broader options for investors seeking regulated crypto exposure, underlining growing appetite for digital assets in mainstream portfolios.

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