U.S. jobs report, Russia’s digital ruble rollout: Crypto Week Ahead
Your look at what’s coming in the week starting Aug. 31.
Week
Crypto’s week in 5 stories
That may happen. But last week showed that right now, institutions are choosing selectively. Grayscale dropped plans for ETFs tied to Cardano, Polkadot and Hedera. None of the proposed products became effective, and no securities were sold. Tokenization also got a reality check. Securitize shares… Read More
MSTR made no changes to BTC holdings last week as it raised cash
Strategy (MSTR) increased its U.S. dollar reserve by $466.7 million to $3 billion last week through its at-the-market equity program, according to a Monday regulatory filing. The company maintains the reserve to support dividend payments on its preferred stock and interest payments on its outstanding… Read More
Ether Bridged To Robinhood Chain Tops $70M in First Week
The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing… Read More
Geopolitical relief meets the Warsh Fed: Crypto Week Ahead
Digital assets are attempting to decouple from a complex macro environment following a dramatic sequence of central bank shifts, headlined by the Bank of Japan’s historic push to 1.0% interest rates and newly appointed Federal Reserve Chair Kevin Warsh’s restructured FOMC policy framework. Traders enter… Read More
: Crypto Week Ahead
Crypto traders will hope the week offers a reprieve to months of geopolitical anxiety that has stifled risk assets following Sunday’s announcement of an interim peace deal between the U.S. and Iran. Bitcoin climbed to nearly $66,000 on Monday, almost 3.5% above Friday’s level, while… Read More