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The US Treasury is Buying Back Debt Ahead of Powell’s Jackson Hole Speech | US Crypto News
The US Treasury is Buying Back Debt Ahead of Powell’s Jackson Hole Speech | US Crypto News

The US Treasury's $4B bond buyback injects liquidity into markets, but an imbalance in debt demand reveals systemic funding stress. As markets await Powell’s Jackson Hole speech, traders are pricing in a likely rate cut for September.

BeInCrypto·2025/08/21 06:59
Crypto treasury stocks plunging in August after massive run-up
Crypto treasury stocks plunging in August after massive run-up

Share link:In this post: Crypto treasury stocks fell sharply in August after major summer gains. Ethzilla led the sector with a 114% rise, while others like Strategy dropped 16%. Companies backed by Tom Lee and Peter Thiel held up better than others.

Cryptopolitan·2025/08/21 06:40
OpenAI mulls new revenue from AI infrastructure
OpenAI mulls new revenue from AI infrastructure

Share link:In this post: OpenAI is considering leasing out its AI-ready data centers and infrastructure in the future. The plan mirrors Amazon Web Services, which turned excess computing into a trillion-dollar business. OpenAI is exploring new financial instruments beyond debt to fund large-scale projects.

Cryptopolitan·2025/08/21 06:40
Pi Network Fades From Crypto Conversations—Is a Return to All-Time Low Next?
Pi Network Fades From Crypto Conversations—Is a Return to All-Time Low Next?

Pi Network’s PI token struggles with minimal market interest, as its social dominance hits a weekly low and weighted sentiment remains negative. Without a surge in buying activity, PI could be headed toward an all-time low of $0.32.

BeInCrypto·2025/08/21 05:30
Interpreting Galaxy Q2 Financial Report: Hundred Billion Revenue but Unprofitable, Transforming into AI "Gold Mining"
Interpreting Galaxy Q2 Financial Report: Hundred Billion Revenue but Unprofitable, Transforming into AI "Gold Mining"

Galaxy's cryptocurrency trading business generated $8.7 billion in revenue, but only brought in $13 million in profit (a profit margin of only 0.15%).

BlockBeats·2025/08/21 04:44
Flash
11:56
After the KelpDAO hack, multiple whales withdrew funds from Aave, with Abraxas Capital moving $392 million.
BlockBeats News, April 19th, according to LookIntoChain, in the wake of today's KelpDAO hack resulting in approximately $177 million to $200 million in losses for Aave, many whales have been withdrawing funds from Aave, with the major withdrawal actions including: Abraxas Capital withdrawing $392 million; an exchange withdrawing $431 million; Whale 0x7CD0 (potentially linked to Nonco) withdrawing $405.7 million.
11:55
Iranian media: Iranian military prevented two oil tankers from passing through the Strait of Hormuz
According to reports, these two oil tankers, flying the flags of Botswana and Angola, attempted to cross the Strait of Hormuz but were forced to turn back due to actions taken by the Iranian authorities. (Xinhua News Agency)
11:37
Due to the economic pressure caused by the Iran war, UK Chancellor Reeves will hold a meeting with bankers.
Golden Ten Data, April 19 – According to Sky News, UK Chancellor Reeves will meet with executives from major UK banks on Wednesday, as the ongoing Iran crisis continues to put pressure on the UK economy. Senior executives from Barclays, HSBC Holdings, Lloyds Banking Group, NatWest Group, and the UK branch of Spain’s Santander Bank have been invited to attend Reeves’ meeting. It is reported that Reeves is likely to mention at the meeting that banks must remain committed to supporting customers affected by inflationary pressures arising from this crisis. Other discussion topics will include bank capital reforms and potential revisions to the “ring-fencing” regime introduced after the 2008 financial crisis. Both the UK Treasury and the aforementioned banks declined to comment on the report.
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