Bitwise's BWOW dogecoin ETF will close after 10 months, adding to weak demand across DOGE funds and raising a harder question for altcoin ETFs: What problem are they actually solving?
Bitmine added 27,180 ETH worth about $68 million, bringing its holdings to 5.96 million and leaving it close to its 5% supply target. Tom Lee cited Ethereum’s relative strength, possible U.S. crypto legislation, and renewed institutional buying as potential upside catalysts.
ByteDance was reportedly considering spending $70 billion on AI data centers and infrastructure. The news comes as U.S. AI giants call for slowing the AI race.
August core CPI rose 0.3%—exceeding expectations of 0.2%—potentially prompting a Federal Reserve rate hike at next week's policy meeting. The data follows Fed Chair Kevin Warsh's warnings about persistent inflation pressures.
India’s Demat 2.0 pilot is issuing corporate bonds as blockchain tokens and settling them in the RBI’s wholesale digital rupee. The program has already supported ₹1,025 crore in issuance and may later expand to secondary trading and retail investors.
Kalshi plans to seek regulatory approval for roughly 60 perpetual futures tied to stocks like Tesla and Nvidia, sparking a debate over whether the SEC or CFTC should oversee these 24/7 contracts.
The London-based bank plans to put interest-bearing retail savings onchain, expanding tokenization beyond institutional pilots to mass-affluent savers.
BIS chief Pablo Hernandez warns that debt‑driven AI spending could spark a systemic financial correction if returns disappoint, citing historical tech bubbles.