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Bitcoin exchange-traded funds have taken in over $1 billion in fresh cash over the past three days, helping propel the leading cryptocurrency to nearly $73,000.  Just on Wednesday, investors bought over $500 million worth of shares in the funds managed by BlackRock, Fidelity, and Grayscale, according to data from Farside Investors.  Bitcoin’s price has surged this week, and on Thursday reached $72,659 before dropping slightly. It was recently priced at $72,606, a 10% 24-hour rise. Bitcoin is currently a little over 40% below its October record of $126,080.  President Trump on Wednesday held a meeting at the White House with…

The S&P 500 (SPX) is in the midst of a raging bull run as the index more than doubles its value in less than 10 years. Data from the Kobeissi Letter shows that the S&P 500 is on track to shatter the record seen during the post-war boom by the end of this decade. “US stocks are having one of their best decades in history: The S&P 500 has gained +141.0% so far since the end of 2019. If this pace continues, the index will finish the decade with a cumulative gain of roughly +277%. This would rank as the…

In brief CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed during a CFTC roundtable in Washington, D.C. Duffy singled out Kalshi while questioning whether prediction markets face the same regulatory scrutiny as established exchanges. The clash comes amid a fight between federal and state regulators over prediction markets. A CFTC roundtable on prediction markets turned heated Thursday when CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded insults over market manipulation and regulation.The confrontation unfolded during a Commodity Futures Trading Commission meeting in Washington, D.C., as executives from traditional finance, crypto, and prediction…

Macroeconomist and author Lyn Alden has said that while sentiment for Bitcoin has been low in recent months, there are “not a lot of downside catalysts” for the asset left.  Speaking in a Thursday interview with CNBC, Alden said that the “fast money” has been washed out and market observers are not expecting Bitcoin treasury Strategy to sell anymore.  Alden’s comments come after Bitcoin shot up this week. The leading cryptocurrency was recently trading for $72,660 — a more than 6% 24-hour rise — after reaching $72,890 earlier on Thursday.  “By almost every metric, Bitcoin is near the low end…

Global crypto exchange BYDFi is participating as a Gold Sponsor at Coinfest Asia 2026, taking place August 20-21 at Melasti Beach in Bali. Positioned as “The World’s Crypto Festival Built for Institutions, Builders & Traders,” the event brings together participants across digital assets, finance, technology, and trading. Attendees can meet the BYDFi team at Booth A1 throughout the two-day event. Coinfest Asia 2026 Returns for Its Fifth Edition Coinfest Asia 2026 marks the fifth annual edition of the event, spanning five beach clubs at Melasti Beach as one integrated venue. With more than 150 CEOs and industry leaders expected across…

New Jersey police have arrested a suspected courier tied to a tech-support scam that drained $50,000 from an elderly resident. Berkeley Township Police said the scam began when the victim received a computer pop-up claiming to be from Microsoft and instructing her to call a phone number, reports Lakewood Alerts. The call connected her with scammers posing as Microsoft and Wells Fargo representatives. They allegedly told the woman that her bank accounts had been compromised and convinced her that she needed to move her money to keep it safe. Believing the callers were legitimate, the victim mailed a $50,000 cashier’s…

In brief The Base accelerator plans to select 10 startups for its eight-week Batches 004 accelerator. Each selected team will receive a $100,000 investment from the Base Ecosystem Fund. The program is targeting startups building AI agents, trading, payments, and financing products. The team behind Base, Coinbase’s Ethereum layer-2 network, is narrowing its $1 million startup accelerator to 10 teams for its latest cohort, with each selected company receiving a $100,000 investment upfront, Coinbase announced on Wednesday.Applications for Base Batches 004 are open through September 9, Coinbase said. The eight-week virtual program will conclude with a Demo Day in New…

A Florida woman has been convicted on multiple felony counts after systematically draining nearly $350,000 from an elderly widow’s accounts. Leesburg resident and 58-year-old Kimberly Ruth Bitting orchestrated a scheme that involved obtaining power of attorney over the grieving neighbor shortly after her husband died in August 2021, reports ClickOrlando. Over roughly 18 months, Bitting issued checks from the victim’s accounts, withdrew cash at ATMs, and moved money from investment holdings. More than $137,000 went toward buying two parcels of land in Calhoun County that were placed in a trust under Bitting’s name. Additional funds flowed to the defendant’s daughter…

In brief Moderna (MRNA) jumped ~131% Wednesday after the Phase 3 INTerpath-001 trial of intismeran autogene plus Keytruda hit its RFS and DMFS endpoints in resected melanoma. Intismeran autogene is a personalized mRNA neoantigen therapy built from each patient’s tumor mutations, paired with Merck’s Keytruda immunotherapy. Traders shorting Moderna faced ~$4.8B in mark-to-market losses as the stock doubled; short interest sat at 13.5% of free float. Moderna’s personalized mRNA cancer shot cleared its first Phase 3 readout, and the market reacted like it had won more than a trial.Shares of Moderna, which trades as MRNA, surged about 131% on Wednesday,…

In brief Kalshi filed with the CFTC to launch a perpetual futures contract tied to copper prices. The proposed contract would use Pyth Network price data and have no expiration date. Kalshi has also filed for stock-index perpetuals after winning approval for a Bitcoin perpetual in May. Prediction market operator Kalshi filed with the Commodity Futures Trading Commission to launch perpetual futures tied to copper prices.Filed August 18, the proposed COPPERPERP contract would track the spot price of copper in U.S. dollars per pound using a price feed from Pyth Network, a blockchain-based market data provider that aggregates pricing from…

Securitize closed its first quarter as a public company with average tokenized assets under management hitting a record $4.3 billion, up 16% year over year, while transaction volume on the platform jumped 147% to $5.3 billion.Total revenue fell 5% to $14.4 million, tokenization revenue dropped about 12% to $7.8 million, and adjusted EBITDA swung to a $5.5 million loss.The company put more assets on-chain and processed far more activity than a year earlier, and earned less money doing it.MetricQ2 resultYoY changeWhat it showsAverage tokenized AUM$4.3B+16%Assets on-chain are still scalingTransaction volume$5.3B+147%Platform activity accelerated sharplyTotal revenue$14.4M-5%Activity did not translate into higher revenueTokenization…