Crypto

Crypto coverage across every StreamSage desk, filed under Crypto: Bitcoin, Ethereum, Altcoins, Stablecoins, DeFi, Exchanges, Networks, Tokenization Page 19.

• Tether sued over early freeze of $42.4 million USDT

  Thai businessmen claim Tether blocked tokens on informal request, months before a U.S. seizure warrant was issued.

• Strategy CEO defends bitcoin sale before buying back at higher price

  Phong Le said Strategy sold 7,000 BTC at $60k-$65k and resumed buying near $80k to fund dividends and reduce debt.

• Bitcoin holds near $77,000 as global bond selloff tests recent rally

  Bitcoin traded between $76,800 and $81,600 after a 23% jump, while Japan's 10-year yield held above 3% and Brent crude topped $95.

• Robinhood Chain DEX volume reaches $1.6 billion

  Daily trading volume rose 61% in four days, while total value locked grew to $738 million and bridged assets totaled $2.5 billion.

• Buying memecoins with credit cards on Robinhood Wallet and Fomo appears to sidestep card network crypto rules

  The Block reported that buying specific memecoins on Fomo and Robinhood Wallet allows users to bypass standard card network rules for cryptocurrency purchases.

• Crypto DAT market cap hits $340 billion as altcoin funds lead gains

  Cumulative market capitalization for digital asset treasury companies is up 10% since mid-August, driven by strong returns from newer altcoin-focused funds.

• Bitcoin Gold Correlation Hits Yearly High as ETF Inflows Approach $1B

  Bitcoin's 30-day correlation with gold reached 0.8, while ETFs saw nearly $1 billion in weekly inflows according to The Block.

• BlackRock research finds modest Bitcoin allocations boost portfolio returns

  New analysis from BlackRock indicates that adding 1% to 2% Bitcoin to a traditional 60/40 portfolio historically improved annualized returns while keeping volatility changes modest.

• Bitcoin holds August gains amid oil spike and Fed hike bets

  Bitcoin traded near $78,000 on Tuesday, preserving most of its 25% August rally despite Brent crude rising above $90 and shifting rate expectations.

• Saylor Says MSCI Screen Would Wrongly Remove Strategy

  A proposed index screen is set to remove three firms in November, with Strategy identified as the largest affected holding.

• The Cronos halt exposed the real DeFi vulnerability

  A $75 million exploit forced Cronos to pause, but the argument over whether that was protection or control misses the protocol flaw that made the attack possible.

• IREN earns 82% of revenue from Bitcoin after AI pivot

  IREN's FY2026 revenue hit $707 million, with $578.2 million from mining and a $702.6 million net loss.

• Fogo halts mainnet after 400 million FOGO token theft

  The network was paused about 15 hours after the Foundation reported an attacker took 400 million FOGO tokens, worth roughly $3 million.

• HMRC reports £1.38B in UK crypto gains with 240 holding half

  17,600 individuals filed £1.38B in capital gains, while 240 investors accounted for £717M and total disposals reached £13.8B.

• Bitcoin ETF inflows end after $3 billion streak

  Ethereum, XRP and Solana funds attracted $145 million on the same day, keeping their own inflow streaks intact.

• Bitcoin ETFs end nine-day inflow streak as BTC falls below $78,000

  Bitcoin slipped to $78,400, ending a nine-day run of inflows into spot ETFs while Fed Governor Warsh downplayed recent soft inflation data.

• Genius Group to Acquire $827M in Bitcoin via Preferred Securities

  The company issued a $1.2 billion shelf registration in July to fund a new dual treasury strategy for bitcoin and AI.

• Bitcoin Falls 3% After Fed Chair Warsh Inflation Speech

  Bitcoin dropped over 3% on Friday after Federal Reserve Chair Kevin Warsh said he had more work to do to fight inflation.

• Grayscale links Bitcoin strength to $40T debt milestone

  Zach Pandl argues the Treasury's expanded buybacks signal a path toward dollar expansion, a view that clashes with the assumption that liquidity management cures structural deficits.

• Ninth Circuit rules Kalshi sports contracts are not swaps

  The August 28 ruling creates a circuit split with the Third Circuit over the Commodity Exchange Act definition of a swap.