
Moody's reports US banks anticipate a gradual start followed by rapid acceleration in the transition to a digitized financial system through tokenization, with broad asset tokenization seen as inevitable but timing uncertain.
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Moody's reports US banks anticipate a gradual start followed by rapid acceleration in the transition to a digitized financial system through tokenization, with broad asset tokenization seen as inevitable but timing uncertain.

Bitcoin approaches $80,000 after a two-year weekly rally driven by Treasury intervention, $1.6B ETF inflows, and $4.3B short liquidations, with the weekend testing its native market strength as external supports pause.

Riot Platforms' $200 million loan from Coinbase, secured by 5,821 BTC, may allow for the release of up to 1,547 BTC following a recent Bitcoin price rally to $78,000, depending on the specific contractual schedule applied.

U.S. spot Bitcoin ETFs recorded $1.61 billion in inflows over four days, even as the U.S. Treasury issued 30-year inflation-protected securities at a 2.973% real yield. Upcoming Treasury auctions of $183 billion will test the durability of this demand.

Olenox Industries reported 15.13 BTC production for July following its acquisition of CS Digital Ventures. The company faces a $22.9 million working-capital deficit and has expressed doubt regarding its ability to continue as a going concern.

Bitcoin surged over 23% following US Treasury bond buyback plans. Meanwhile, Metaplanet is expanding its Bitcoin treasury strategy to the US via a Super League deal, and Cypherpunk Technologies has launched a major Zcash mining operation.

Bitcoin climbed to $77,137, marking a 7.9% daily gain and a 23.2% weekly increase. The rally triggered a short squeeze, liquidating over $1.2 billion in bearish positions, bolstered by positive political signals from President Donald Trump regarding crypto regulation.