
Digital asset SPAC delays crucial merger vote, leaving a deeply undercapitalized Old Glory Bank waiting on a $50M lifeline
DAAQ disclosed no reason for the delay and no redemption tally showing what remains in trust.

DAAQ disclosed no reason for the delay and no redemption tally showing what remains in trust.

The token rewards roughly matched its non-GAAP cash-cost proxy but remained unsold as warrants for up to 33.5 million shares became exercisable.

The snapshot tracks direct bridge use, not stranded supply, while self-custodied tokens and protocol positions face separate action paths.

The leaders were already dominant before the cutoff, and aggregate data do not identify a destination for SBI’s lost pool hashrate.

Act 482 takes effect Aug. 1, while clearly disclosed document requests can reset the 90-day payment clock.

Bitcoin is trading near $63,000, with rate markets assigning roughly 66% odds to a September Federal Reserve hike, under a policy framework Kevin Warsh has left partly hidden. The Fed chair has defined his reaction function around “underlying inflation,” then declined to disclose how he weighs the indicators that produce that judgment. The official dashboard […]

Tether's second-quarter materials report $1.5 billion in net operating profit, earned mainly from Treasuries and repo activity. However, the attached reserve report shows a negative $3.17 billion first-half financial result, and the company's materials do not reconcile the two figures. Subtracting the first quarter's positive $1.04 billion financial result from that first-half figure implies a […]

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above the 4.260% yield awarded at June’s Treasury auction. Investors could lend money to Washington for seven years, collect regular interest, and lock in a return approaching 4.5% before […]

Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin notional near $9.7 billion. The immediate […]

At 4:05 pm in New York, a large tech company releases earnings. The main stock session has ended, executives begin their conference call, and billions of dollars start shifting through every instrument connected to the company. Shares move across extended-hours venues, options desks recalculate volatility, index futures absorb the broader reaction, and investors in Asia […]

Takata's 1.25% bid failed, while decision-day derivatives showed no active leverage break despite the measurable squeeze setup.

Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses. On Aug. 14, large investment managers must disclose their June 30 Bitcoin ETF positions, and those filings offer the clearest look yet at whether […]

Corporate blockchains are multiplying, but Coinbase CEO Brian Armstrong expects the boom to end in consolidation rather than coexistence. Over the past year, several corporate institutions and Wall Street giants, including Stripe, Circle, and Robinhood, have developed rails for stablecoins and institutional markets. Their expansion has revived concern that regulated companies with established distribution could […]

Texas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. on July 22, one day after demand hit 87,403 megawatts and erased the 85,508-megawatt mark that had stood since Aug. 10, 2023. Neither afternoon saw an appeal for energy conservation, and the system […]

Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading. The same release reported a $359.5 million net loss under US accounting rules, the company's third consecutive losing quarter. Both numbers describe the same three months. Taken together, they get closer to the truth about […]

The company raised its ceiling to 4,375 ETH, but only 1,714.8 ETH now sits outside the disclosed pledge.

LlamaRisk would freeze new activity, redirect nearly all interest revenue to the treasury, and reserve stronger unwind levers for later.

The 0.20% sponsor fee applies after July 31, putting HODL level with BITB but one basis point above EZBC.

Bitstamp volume fell 48% from Q1 to Q2, compared with a 25% decline on the Robinhood App. The App metric also began including WonderFi trades in June.

The order-flow pattern stood out across six events, while two observations still overlapped ordinary-market conditions.