Crypto Industry News & Market Trends

Thailand is rewriting its stock exchange rules to trap billions in Bitcoin ETF wealth strictly inside its own borders

Thailand is proposing a crypto exchange-traded fund (ETF) framework that would give domestic fund managers, the Stock Exchange of Thailand and locally regulated custodians a structural advantage as the country opens the market to Bitcoin and Ethereum products.　　Related Asset Bitcoin #1 BTC · $78,721.04 24-hour change: up 0.15% 24H Up 0.15% 7D Up 12.72% 30D Up 21.58%　　On Aug. 24, Thailands Securities and Exchange Commission (SEC) opened public comment on rules that would initially allow passive, single-asset funds focused on Bitcoin or Ethereum. Each fund would need to maintain an average net exposure of at least 80% of net asset value to its chosen asset over an accounting year.　　The proposed products would enter a market already validated by the success of crypto ETFs in the United States, where funds have attracted more than $60 billion in net inflows since launch.　　Related Asset Ethereum ETH · $2,494.59 24-hour change: up 2.16%　　Bitcoin ETFs dominate with about $54 billion, followed by Ethereum products with roughly $12 billion, while newer crypto ETF offerings account for the balance.　　Thailands proposal would bring that model onshore while keeping much of the first-wave value chain inside the country.　　Local Thai firms would get the first advantage　　Locally established crypto ETFs would trade

08-27Industry

Nvidia Shares Surge in After-Hours Trading After Record $96.2 Billion Revenue

In briefNvidias quarterly revenue rose 106% year over year to $96.2 billion.Data Center revenue increased 117% to $89 billion.The company disclosed $366 billion in future commitments.　　Nvidia shares rebounded in after-hours trading Wednesday after initially falling following the chipmakers fiscal second-quarter earnings report.　　The stock closed regular trading down 1.59% at $209.66 before recovering to about $217 after hours, roughly 3.5% above its closing price.　　Myriad: How high will Nvidia go？ Click to make your prediction.　　Nvidias quarterly revenue more than doubled to $96.2 billion, exceeding the $92.27 billion average analyst estimate reported by the Associated Press. Data Center revenue rose 117% to $89 billion, while adjusted earnings of $2.22 per share beat the $2.09 estimate. Gross margins held at 75%.　　Nvidia founder and CEO Jensen Huang attributed the quarters growth to accelerating demand for artificial intelligence infrastructure:　　“AI has reached its inflection point. Its doing useful work. Its tokens are productive and profitable. Now, compute is revenue, and demand is accelerating,” Huang said in a statement. “This time last year, one lab alone was driving the buildout; today, we have a golden age of new AI labs and startups, multiple frontier labs scaling in parallel, a thriving open-model ecosystem and physical AI coming online—with strong

08-27Industry

US government moves Bitcoin seized from Alameda

The U.S. government has transferred a small amount of Bitcoin seized from Alameda Researchs Binance.US accounts three years ago, renewing attention on how federal agencies will handle the remaining assets.　　Arkham Intelligence reported the transaction on Aug. 26, describing the amount as small and tracing the Bitcoin to Alameda accounts on Binance.US that U.S. authorities seized three years earlier.　　The blockchain analytics firm did not publish the amount in its indexed post or identify the receiving address. Arkham also did not say that officials had sold the Bitcoin, leaving the transactions purpose unconfirmed.　　“The US Government just moved a small amount of Bitcoin that had been seized from Alameda accounts on Binance US, 3 years ago,” Arkham said.　　Arkham then asked whether the government would begin liquidating the remaining Bitcoin connected to Alameda. The question was not tied to an announcement from the Department of Justice, the Treasury Department, or another federal agency.　　The Bitcoin transfer does not confirm a sale　　Moving Bitcoin between addresses records a change in custody or location on the blockchain, but the transaction alone does not show whether the asset has been sold. A transfer to another government wallet may involve custody, accounting, or security management, while movement to an exchange

08-27Industry

Bitcoin Cores hidden database just shrank by 40 GB – if you know how to trigger it

Bitcoin Core has merged a redesign of its optional transaction index that cut about 40 GB from the database in one contributors mainnet test. Operators using -txindex retain their existing indexes through an upgrade; capturing the full saving requires recreating the database.　　Related Asset Bitcoin #1 BTC · $79,754.94 24-hour change: up 1.14% 24H Up 1.14% 7D Up 11.34% 30D Up 25.87%　　Pull request #35531, merged into Bitcoin Cores master branch on Aug. 15, reduced the authors rebuilt mainnet txindex from about 66 GB to 26 GB. The roughly 61% reduction is confined to this optional index. Bitcoins blockchain and the rest of a nodes data directory remain outside the measurement.　　Related Product Bitcoin Core An open source project which maintains and releases Bitcoin client software　　The code is merged upstream. Stable binaries follow a separate release process, and Bitcoin Cores release index leaves the first version containing the change unspecified. Operators will need the migration notes for the release that ships it.　　How the smaller index works　　Bitcoin Cores -txindex option maintains a database for retrieving transactions by their full transaction ID. The old format stored each 32-byte transaction ID as a database key alongside transaction disk-position data.　　The redesign stores a much shorter lookup key:

08-27Industry

Protocol upgrade decouples consensus from execution to solve scaling bottlenecks

High-performance blockchains often run into the same architectural limit, where the execution sits directly in the path of consensus. In a conventional synchronous model, validators must first execute the transactions inside that block to confirm the resulting state transitions are valid.　　The design keeps the network deterministic, but it also turns computation into a shared bottleneck. Whether they involve richer smart contract logic, cross-system coordination, or heavier state updates, the more complex the transactions are, the more the networks speed depends on how quickly validators can process them.　　The slowest computation on that path can end up constraining the pace of the entire system. Many networks have already spent years improving finality, networking efficiency and block propagation.　　Execution has become the next architectural constraint. Rather than only optimizing how quickly validators reach agreement, newer designs are starting to ask whether execution needs to remain inside the consensus loop at all.　　Shifting to an asynchronous computation pipeline　　CTDG Dev Hub participant MultiversX removes that constraint with Supernova, now live on testnet, by decoupling consensus from execution so the network can agree on blocks before processing their transactions.　　Before Supernova, block production followed a sequential pattern. A proposer selected transactions, executed them locally and proposed a block with

08-27Industry

Better launches Bitcoin-backed mortgages powered by Coinbase

Better Mortgage and Coinbase have made their Bitcoin-backed mortgage product generally available, allowing US homebuyers to pledge Bitcoin as collateral for a down payment without selling it, the companies announced Wednesday.　　According to Coinbase‘s Help Center, the product pairs a Fannie Mae-backed home loan with a separate down payment loan secured by Bitcoin (BTC). Borrowers must pledge BTC worth at least 250% of the down payment loan, with the pledged BTC transferred to Better’s custodial account on Coinbase Prime.　　The two loans carry the same interest rate and amortization term and are repaid through a single monthly payment, Coinbase said. The pledged BTC is returned once the mortgage is fully repaid or refinanced, subject to the loan terms.　　Bitcoin price declines alone do not trigger margin calls or changes to the mortgage terms. However, Better can liquidate the pledged BTC if a borrower becomes 60 days delinquent on payments, according to Coinbase.　　Borrowers must be US residents with a verified Coinbase account, and remain subject to Betters credit, income and other underwriting requirements. Coinbase One members are also eligible for a 1% rebate from Better, subject to a $10,000 cap, that can be used toward closing costs and fees.　　Better and Coinbase first announced the

08-27Industry

What Traders Are Watching for Bitcoin's Next Move

In briefBitcoin is holding near $78,000 after a hot PCE inflation reading knocked it back from an $81,000 high, with a $6.4 billion options expiry, Fed Chair Kevin Warshs first Jackson Hole speech, and Nvidia earnings all landing within 48 hours of each other.The CME FedWatch tool now prices a 38.4% chance of a September rate hike, down from 82% a month ago, with the Feds next decision due September 16.Analysts are split on what comes next, with some calling this the late stage of a bear market bottoming out and others warning of a bull trap if Bitcoin cant clear $82,000.　　Bitcoin is holding near $78,000 after a rally that briefly took it above $81,000 got interrupted by a hot inflation report. That single data point contributed to erasing roughly $3,000 from Bitcoins price in a few hours, a reminder of how fast sentiment can flip when positioning is this stretched.　　The bigger issue for crypto traders right now might be timing. Over the next 48 hours, five separate catalysts converge on top of each other: economic data, a giant options expiry, a new Fed chair‘s first big speech, Nvidia’s earnings, and a rate decision now three weeks away.　　Myriad: Bitcoin next

08-27Industry

Biggest Bitcoin Catalyst Is Not the Halving: Will US Debt Drive BTC to $300,000？

Bernstein has set Bitcoin (BTC) targets of $150,000 by mid-2027 and $300,000 by 2029. The case rests on US government debt, not the halving. The biggest Bitcoin catalyst, the broker argues, now sits in the bond market.　　The timing is hard to ignore. US debt crossed $40 trillion this month, and a Treasury announcement, not a crypto headline, drove bitcoin from the mid-$60,000s to about $81,200 in a week.　　Sponsored　　Sponsored　　Why US Debt Is Now the Biggest Bitcoin Catalyst　　The US officially owes $40 trillion, a record it crossed on August 19. That figure has more than doubled in a decade.　　Bernstein analysts, led by Gautam Chhugani, argue in a new note that four decades of falling interest rates are over. Every rise in yields now feeds bigger deficits and heavier borrowing.　　Faced with that loop, Bernstein expects Washington to pick the quieter exit. Let the currency lose value instead of cutting spending. That path favors assets no government can print, like bitcoin and gold.　　The firms base case sees $150,000 by mid-2027 and roughly $300,000 at the 2029 cycle peak. If institutions move faster, Bernstein models $500,000 in 2029 and about $1 million by 2033.　　BITCOIN COULD HIT $300,000 BY 2029　　Bernstein predicts Bitcoin could recover to a

08-27Industry

Americans Want Retirement Security, But Dont Trust Bitcoin to Deliver It

Most Americans do not want cryptocurrency near their retirement money, a new National Institute on Retirement Security (NIRS) survey shows. The poll finds 77% call crypto in retirement plans risky, and 46% say it is very risky.　　Eighty percent now say the US faces a retirement crisis, up from 67% in 2020. Meanwhile, 61% fear they will not be financially secure after they stop working.　　Sponsored　　Sponsored　　Retirement Anxiety Keeps Climbing　　Greenwald Research ran the survey of 1,203 US adults for the Washington-based nonprofit late last year. The results read like a warning.　　Inflation worries 73% of savers. Market swings trouble 62%. And 76% fear Social Security cuts if Congress fails to act.　　The savings numbers explain the fear. Nearly half of Americans have less than $100,000 put away. Another 18% have nothing at all.　　Even $100,000 buys less than most people think. Only 9% knew it produces roughly $4,000 in first-year retirement income under a standard withdrawal rule.　　“Americans are telling us that retirement security is becoming harder to achieve as they struggle with the affordability of everyday life. Housing, healthcare, debt and other expenses are competing with the need to save for retirement,” Dan Doonan, NIRS executive director, said in the report.　　Follow us on X to get

08-27Industry

Your 60/40 Portfolio May Be 100% Exposed to a Dying Dollar, Bitwise Says

Investors just moved a record $7 billion into gold and Bitcoin (BTC) funds in five days. Bitwise CIO Matt Hougan blames a flaw in the 60/40 portfolio, which is 100% exposed to fiat currency.　　Bloomberg senior ETF analyst Eric Balchunas calls it the debasement trade, a bet on assets no government can print. This week, that bet pushed AI funds out of the headlines.　　Sponsored　　Sponsored　　Why the 60/40 Portfolio Is Suddenly Under Fire　　SPDR Gold Shares (GLD) took in $3.4 billion in the week through August 21. BlackRocks iShares Bitcoin Trust (IBIT) added just over $1 billion, data shows.　　BlackRocks iShares Bitcoin Trust (IBIT) ETF Flows in the Week Through August 21. Source: SoSoValue　　Meanwhile, the VanEck Semiconductor ETF (SMH) bled $1.7 billion, more than any other fund. Money did not leave the market. It switched sides.　　“DEBASER: Gold and Bitcoin ETFs have combined for +$7b in flows in past week, by far a record for a 5-day period as debasement trade steals spotlight from AI. GLD, IBIT leading, in Top 10 for week. Also notable $IBIT YTD flows are now positive, completely dug out of sizable hole,” Balchunas shared.　　Follow us on X to get the latest news as it happens　　Hougans reply supplied the theory, indicating that

08-27Industry

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