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.
Sentiment: Neutral
Latest stories
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.
Technology
Zero-knowledge apps go dark after chain upgrade breaks their underlying verification keys
Mina completed its scheduled network restart, but deployed zkApps still need Mesa-compatible verification keys before proof-authorized activity can resume.
Digital Asset Treasuries
A public company sold Bitcoin and somehow gave each shareholder more BTC exposure
ProCap is using Bitcoin to repurchase shares below NAV, lifting BTC per share despite shrinking its treasury.
Legislation
CLARITY Act may be heading for lame duck after House Republicans slash the calendar
The Senate votes Sept. 15, but the House leaves two days later, leaving almost no time to finish the crypto market-structure bill.
Digital Asset Treasuries
After selling every coin it owned, a public company is using Strategy’s STRC playbook to restart its $827M Bitcoin treasury plan
Genius Group also plans an $800 million AI portfolio alongside the Bitcoin rebuild.
Market
Bitcoin’s volatility ratio against gold collapses to 6-year low as traditional safe haven turbulence surges
Their 90-day correlation has climbed to 0.55 while Bitcoin is now just 1.43 times as volatile as gold.
DeFi
Monad’s mainnet upgrade makes storing data together 98% cheaper
A block-pinned mainnet call reproduced the 8,100-to-100 step-down and showed the cold charge returning at slot 128.
Governance
Scan reveals 96,000 fake-address outputs clogging Bitcoin’s unspent database
Bitquery’s scan shows why cheap OP_RETURN repetition and fake-address text impose radically different costs on Bitcoin nodes.
Hacks
Parked Coldcard loot begins moving as attacker routes $1.6M in stolen Bitcoin to Ethereum
Bitquery traced 20.45 BTC through 34 Bitcoin swaps, and the main destination later held roughly 5 ETH less.
Digital Asset Treasuries
This Japanese company made money on Ethereum, Solana, and XRP, but sold them anyway to keep its $121 million Bitcoin holdings
ETH, SOL and XRP sales produced gains while DOGE posted a loss, leaving roughly 1,506 BTC behind.
Research
BIS shows why real institutional adoption on XRP Ledger won’t trigger the XRP supply squeeze holders expect
One transaction can authenticate thousands of datasets, leaving fee burn tiny even as institutional-style usage scales.
