Research
Stablecoins
Fed stablecoin research exposes how the same dollar could count twice in M1 or M2
How stablecoins could make America’s money supply look bigger without creating new spending power
Analysis
Solana’s plan to cut account deposits by 90% could weaken a reason to hold SOL
Solana’s account deposits could fall 90% even as adoption grows.
Tokenization
Robinhood rejects AMC CEO’s demand to halt AMC tokenized ‘meme stock’ which offers no shareholder rights
Adam Aron threatened legal and SEC scrutiny; Robinhood's legal chief said the Jersey-issued debt product will remain.
Macro
Bitcoin dips below $80,000 as a hot August jobs report shifts Fed policy expectations
August payrolls weakened the case for patience, leaving Sept. 11 CPI as Bitcoin’s next decisive volatility test.
Technology
Hidden Solana upgrade bug can freeze network readers and silently disable fee limits
Mainnet activation is still pending, but incompatible indexers, streams and sponsors must update before the first v1 transaction arrives.
Derivatives
Bitwise 14% yield gap in XRP futures shows how institutions are quietly extracting cash from traders
Its 10.8 million-XRP custody position is 97.5% offset by futures, and CFTC categories complicate the obvious answer.
Privacy
Privacy coin flaw risks endless token creation, leaving node operators with a deadline in hours to fix it
At block 1,371,000, v0.14.18.0 restores multi-input private spending and makes older software incompatible.
Macro
Bitcoin faces a two-week Fed trap as inflation rewrite threatens to upend rate cuts
Policymakers will have CPI but not official August PCE when they decide, leaving a second market test on Sept. 30.
Regulation
Kalshi faces $500,000 daily fines as Michigan forces sports event contracts offline
The preliminary injunction lasts until final order, adds a futures broker notice duty and lands amid an appellate split.
Digital Asset Treasuries
Japan’s 4% bond yield spike threatens the low-cost borrowing strategy behind corporate Bitcoin buying
Existing fixed debt keeps its terms, while future BitBonds must clear a materially higher funding hurdle.
Macro
Arthur Hayes calls EUR/JPY prices crypto’s smoke alarm, but the Fed’s plumbing still shows no fire
The pair fell 2.38%, yet FIMA usage and scheduled reserve-management purchases remain at zero.
Macro
Bitcoin falls below $80,000 as hot US payrolls revive Fed hike risk
The 162,000 jobs gain lifted yields and the dollar, but the first selloff did not hold uniformly.
