The CAKE price has spent months dealing with sellers, but the latest supply distribution data hints that the balance may be shifting. …
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Markets
A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally
by shayaanby shayaanCME leveraged funds turn net long as weak futures yields undermine the once-popular basis trade. www.coindesk.com
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Finance
Robinhood CEO Vlad Tenev Says Trump Administration Crypto-Friendly, But Regulatory Clarity Needed So That the Floor Doesn’t Shift ‘Every Four Years’
by shayaanby shayaanLegislation Brings Regulatory Stability, Says Tenev During the company’s second-quarter earnings call, Tenev said that while the Trump administration has been “great” …
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Regulation
VARA Highlights Shift Towards Practical Implementation in Virtual Asset Regulation
by shayaanby shayaanThe Virtual Assets Regulatory Authority (VARA) has launched its inaugural Regulatory Radar, focusing on the practical implementation of innovations within virtual asset …
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Crypto analyst Michaël van de Poppe believes the long altcoin downtrend may finally be coming to an end. After months of weakness, …
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This restructuring is part of a strategy to build a full-stack payments platform following the company’s acquisitions of Monavate and Baanx. www.coindesk.com
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Aave has announced the launch of new incentives for $USDC borrowers on its V4 Prime Hub, which went live on July 17, …
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Japan’s latest push to encourage pension funds to invest more at home has sparked concerns. Observers worry that a major shift in …
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Regulation
DOJ Memo Warns of Tighter Binance Freeze Procedures; Exchange Denies Policy Shift
by shayaanby shayaanA recently circulated internal memo from the U.S. Department of Justice (DOJ) reportedly informed federal prosecutors that Binance, the world’s largest cryptocurrency …
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MakerDAO’s Endgame roadmap is moving from theory into rollout planning, with a new forum timeline laying out the next phase of its …