Citi Says Capping US 30-Year Treasury Yield Below 5.30% May Increase Pressure on Dollar

The dollar could come under greater downward pressure if the yield on the US 30-year Treasury is capped below 5.30%, according to Citi. Walter Bloomberg reported on August 28 that Citi strategist Dirk Willer said keeping the 30-year Treasury yield fr

Bitcoin Briefly Reclaims $80,000

Bitcoin briefly reclaimed the $80,000 mark. As of 4:56 a.m. on August 27, Bitcoin was trading at $80,025 on Binance's Tether (USDT) market, up 1.96% from a day earlier.

Bitcoin Coinbase Premium Turns Positive After 40 Days, Signaling Recovery in US Demand

Bitcoin’s Coinbase premium has turned positive for the first time in 40 days, signaling a recovery in buying demand from US investors. A CryptoQuant analyst said on Aug. 27 that Bitcoin’s Coinbase premium recently moved back into positive territory.

Genius Group Unveils $1.2 Billion Capital Plan, Targets $827 Million in Bitcoin by Fiscal 2031

Genius Group, an AI-based education company, has unveiled a $1.2 billion capital plan, with a goal of building $800 million in AI assets and $827 million in Bitcoin by fiscal 2031. Cointelegraph reported on August 27 that Genius Group had disclosed a

US Stocks Close Mixed; Nasdaq Slips 0.08%

US stocks closed mixed on August 27, with the Nasdaq Composite falling 0.08% from the previous session to 26,130.20. The Dow Jones Industrial Average fell 0.21% to 53,464.59. The S&P 500 ended the session at 7,677.

US DOJ, FBI Seize Domains Used by China-Linked Hackers

The U.S. Department of Justice and the Federal Bureau of Investigation have seized internet domains used by China-linked hackers to target critical U.S. infrastructure and government networks. Cointelegraph reported on August 26 that the Justice Depa

US Mortgage Demand Slows as 30-Year Fixed Rate Rises to 6.78%

U.S. mortgage rates rose to their highest level in three weeks, weakening demand for home-purchase loans. Cointelegraph reported on Aug. 26 that the average rate on a 30-year fixed mortgage in the U.S. climbed to 6.78%, the highest level in the past

Iran Still in Wartime Conditions, Not Ready to Resume Nuclear Site Inspections, Atomic Chief Says

Iran remains in wartime conditions and has not yet secured the conditions needed to resume inspections of its nuclear facilities. Walter Bloomberg reported on August 26 that Mohammad Eslami, head of the Atomic Energy Organization of Iran, told state

JPMorgan Weighs Issuing Its Own Stablecoin

JPMorgan Chase & Co., the largest US bank, has internally reviewed whether to issue its own stablecoin, the Wall Street Journal reported on August 26. The move indicates the bank is also exploring a possible entry into the stablecoin market alongside

Binance Hires Two Compliance Executives From Crypto.com

Binance has hired two compliance executives from Crypto.com, a move aimed at strengthening its regulatory and compliance operations. CryptoBriefing reported on August 25 that Binance recently recruited the two executives from Crypto.com. Their identi

Japan Pushes Blockchain-Based Real-Time Settlement for Stocks and Bonds

Japan is pushing to introduce a blockchain-based system to settle stock and bond trades in real time, aiming to shorten settlement times and improve the efficiency of financial-market infrastructure. Nikkei reported on Aug. 25 that Japan’s Financial

Bitwise Launches Tokenized Stock Portfolios Backed by Coinbase, Glider

Crypto asset manager Bitwise has launched a tokenized stock portfolio product that users can manage directly from their crypto wallets. Cointelegraph reported on Aug. 25 that Bitwise introduced Automated Token Portfolios, applying portfolio managemen

US Stocks Close Mixed; Nasdaq Falls 0.77%

US stocks closed mixed on August 25. The Nasdaq Composite fell 0.77% from the previous session to 25,980.19. The Dow Jones Industrial Average rose 0.26% to 53,416.99, while the S&P 500 slipped 0.28% to 7,652.53.

Peter Schiff Questions Trump’s ‘Military Intervention’ Remark if Treasury Buybacks Fail

Economist Peter Schiff questioned what President Donald Trump meant by “military intervention” if US Treasury buybacks fail to bring down long-term Treasury yields. Cointelegraph reported on August 24 that Schiff raised doubts about what Trump’s rece

US Weighs 7.5% Additional Tariff on Chinese Goods Ahead of September Summit

The US is considering imposing an additional 7.5% tariff on Chinese goods, with China’s excess production cited as a key reason for the move. Walter Bloomberg reported on Aug. 24 that the Trump administration is discussing the measure ahead of a Sept

Goldman Sachs Partner Says Heavy AI Use Could Weaken Wall Street Talent’s Thinking Skills

Wall Street firms risk weakening the thinking skills of the next generation of finance professionals if they rely too heavily on artificial intelligence for analytical work. On August 24, Goldman Sachs said partner Chris Churchman discussed AI’s impa

Iran Warns It May Hit Interests of Countries Backing US Economic Pressure

Iran has warned it could retaliate against countries that support US economic pressure on Tehran. Iranian state television reported on August 22 that Mohsen Rezaei, secretary of Iran's Supreme National Security Council, said Iran could strike the int

Bitcoin Tops $79,000, Sending Canaan Up More Than 25%

Bitcoin’s move above $79,000 lifted U.S.-listed crypto-related stocks across the board. Cointelegraph reported on August 21 that Bitcoin miner Canaan Inc. (CAN) surged more than 25%. Strive (ASST) and Metaplanet (MTPLF), both corporate Bitcoin holder

Glassnode Says Bitcoin Has Surged 21% Since US Treasury Expanded Buybacks

Bitcoin has climbed 21% since the US Treasury announced an expansion of its bond buyback program, on-chain analytics firm Glassnode said. The move has renewed attention on Bitcoin as a hedge against a weaker dollar. Glassnode said concern is resurfac

Digital Asset Pursues Blockchain Pilot for Welfare Benefits in Three U.S. States

Digital Asset, the developer of the Canton blockchain, is pursuing a pilot program in three U.S. states to integrate and distribute government welfare benefits through a blockchain-based system. The American Idea Foundation, founded by former U.S. Ho

CFTC Commissioner Says Agency Is Working With Commerce Department to Help US Lead Global AI Computing Market

The U.S. Commodity Futures Trading Commission is working with the Commerce Department to help the U.S. secure a leading position in the global artificial intelligence computing market. Cointelegraph reported on Aug. 20 that CFTC Commissioner Mike Sel

US Stocks Close Lower; Nasdaq Falls 1%

The three major US stock indexes closed lower on Aug. 21. The Nasdaq Composite fell 1% from the previous session to 26,067.17. The Dow Jones Industrial Average dropped 1.31% to 52,762.30, while the S&P 500 declined 0.86% to 7,641.66.

Samson Mow Says Rising US 10-Year Treasury Yield Is Lifting Bitcoin’s Safe-Haven Appeal

Bitcoin is gaining attention as a safe-haven asset as the yield on the US 10-year Treasury note rises, Samson Mow said. Cointelegraph reported on August 20 that the JAN3 chief executive officer wrote on X, formerly Twitter, about the rise in the US 1

Franklin Templeton Plans to Bring Tokenized Assets to Traditional Funds

Franklin Templeton is preparing to introduce tokenized assets into traditional investment funds, Bloomberg reported on August 20. The firm plans to use money-market fund, or MMF, tokens as assets and collateral for exchange-traded funds and mutual fu

Coinbase CEO Armstrong Says Bitcoin Could Reach $300,000 to $400,000 by 2030

Coinbase Chief Executive Officer Brian Armstrong said Bitcoin could reach $300,000 to $400,000 by 2030. Bitcoin Magazine reported on Aug. 20 that Armstrong made the remarks in an interview with Fox Business. "In the next few years, around 2030, I thi

Crypto Phishing Campaign ‘Operation Asterix’ Targets 885,000 Phone Numbers

A cryptocurrency phishing campaign known as Operation Asterix targeted about 885,000 phone numbers, cybersecurity firm Rapid7 said. Rapid7 said on August 20 that attackers had obtained about 885,000 phone numbers and used them in cryptocurrency phish

Trump Urges Congress to Pass CLARITY Act to Keep US Ahead in Crypto

President Donald Trump urged Congress to pass the CLARITY Act, a digital-asset market structure bill. At a White House technology industry event on August 19, Trump said Congress "must pass the CLARITY Act," Yahoo Finance reported. He called it "a ve

Trump Says CFTC Is Working on Hyperliquid’s US Market Entry

President Donald Trump said the Commodity Futures Trading Commission is working on decentralized derivatives exchange Hyperliquid’s entry into the US market. Cointelegraph reported on Aug. 19 that Trump made the remark during a White House meeting wi

Tom Lee Backs Robinhood CEO’s Tokenization Supercycle View, Sees AI Reshaping Finance

Tom Lee, chairman of BitMine Immersion Technologies Inc. (BMNR), said he agrees with Robinhood Markets Inc. Chief Executive Officer Vlad Tenev’s view that a tokenization supercycle is emerging. Cointelegraph reported on Aug. 19 that Lee sees tokeniza

Bitcoin Jumps 6% After US Treasury Expands Long-Term Bond Buybacks

Bitcoin surged after the U.S. Treasury announced plans to expand its purchases of long-term government bonds. Cointelegraph reported on Aug. 19 that Bitcoin climbed more than 6% intraday after the U.S. stock market opened, hitting $69,749. That marke