SEC questions novel ETF framework as prediction fund approvals stall
The U.S. Securities and Exchange Commission has opened a public consultation on how novel exchange-traded funds should be regulated, as decisions on several prediction market ETF applications remain on hold. Summary The SEC has requested public comment on how novel ETFs should be regulated under existing securities laws. The review comes as prediction market ETF…
TD Cowen slashes Strategy target despite Michael Saylor’s Bitcoin plan
Strategy stock has remained under pressure after TD Cowen cut its price target despite backing Michael Saylor’s latest capital strategy and maintaining a bullish rating on the company. Summary TD Cowen cut its Strategy price target to $260 while maintaining a buy rating on the stock. The brokerage cited a weaker long-term Bitcoin outlook, not…
SharpLink buys more Ethereum as ETH heads for rare quarterly slump
SharpLink has expanded its Ethereum treasury with another 10,000 ETH purchase even as the cryptocurrency has remained on course for its third consecutive quarterly decline. Summary SharpLink bought another 10,000 ETH for $16.1 million, increasing its Ethereum holdings to 886,725 ETH. Ethereum is on track for its first-ever third consecutive quarterly loss despite continued treasury…
Bitcoin Core fixes hidden privacy risk before next major release
Bitcoin Core has released version 31.1rc1, fixing a privacy flaw in PrivateBroadcast while introducing software, wallet, and validation improvements ahead of the next stable mainnet release. Summary Bitcoin Core 31.1rc1 fixes a privacy flaw that could expose users’ IP addresses during PrivateBroadcast. The release also improves blockchain validation, wallet accuracy, networking, and MuSig2 security. Developers…
What is a community takeover (CTO)? When a memecoin’s holders seize the wheel
A community takeover, or CTO, is when the holders of an abandoned token band together and run it themselves after the original developer walks away. It is one of the defining rituals of Solana memecoin culture. Here is how a CTO works, why most fail, and what separates the rare survivor from the rest. Summary…
What is the ETH/BTC ratio? How to read Ethereum’s performance against Bitcoin
The ETH/BTC ratio prices Ethereum in Bitcoin instead of dollars, stripping out the market-wide move so you can see which of the two is actually winning. Here is what the ratio measures, how to read it, what drives it, and why it has fallen to multi-year lows. Summary The ETH/BTC ratio is the price of…
What is a bridge asset? How XRP and XLM are meant to move value
A bridge asset is a cryptocurrency used as a neutral middle step to move value between two different currencies without pre-funding accounts in each one. XRP and XLM were both built for this job. Here is how a bridge asset works, the problem it solves, and the hard question of whether being a bridge makes…
How Sleepagotchi is trying to rebuild the Web3 health economy
What if an artificial intelligence health coach could optimize your daily energy levels without sending a single byte of your private medical data to a corporate cloud server? That’s what Sleepagotchi is trying to achieve with its new AI-powered decentralized wellness application. Summary Sleepagotchi uses AI agents that process health data directly on users’ devices…
What is a 13F filing? Why institutional crypto holdings are a rear-view mirror
When headlines announce that a major bank just bought a fortune in a crypto ETF, the source is almost always a 13F filing. It is the best public window into institutional crypto adoption, and also one of the most misread documents in finance. Here is what a 13F is, what it can and cannot tell…
SpaceX’s Bitcoin Trojan horse: what 18,712 BTC means
SpaceX went public in the largest IPO ever, and tucked inside its balance sheet are 18,712 bitcoin. Now every index fund and pension that buys the stock owns a sliver of BTC whether they meant to or not. Bulls call it a Trojan horse that could put a floor under Bitcoin. Here is what the…
