Key Takeaways Blackrock told advisors on June 23 that a 1%-2% bitcoin allocation can act as a complementary diversifier. The firm believes a 1%-2% weighting carries risk roughly …
Jason Scott
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Bitcoin
A16z-Linked Wallet Pulls 25,560 ETH Worth $42.6 Million Off Binance, Onchain Data Shows
by Jason Scottby Jason ScottKey Takeaways A wallet tied to a16z withdrew 25,560 ETH (about $42.62 million) from Binance, per Lookonchain. The withdrawal points to possible accumulation as ether trades near $1,670, …
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Bitcoin
Strategy Should Pause Bitcoin Buys and Rebuild Cash, Cryptoquant Warns as STRC Stays Below Par
by Jason Scottby Jason ScottKey Takeaways Cryptoquant said Strategy’s dividend coverage fell from 7-plus years to 14 months, urging a pause on bitcoin buys. Strategy’s cash reserves dropped 38% in 2026 as …
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Bitcoin
Global AML Watchdog FATF is Updating Its Rules for DeFi and Virtual Assets
by Jason Scottby Jason ScottThe Financial Action Task Force (FATF) approved a new targeted update on international virtual asset standards and a separate report on decentralized finance (DeFi) regulatory challenges during its …
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Bitcoin
Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion
by Jason Scottby Jason ScottKey Takeaways SpaceX raised $25 billion in its debut bond sale, with orders nearing $90 billion. Heavy demand let SpaceX upsize the deal $5 billion above its $20 …
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Bitcoin
US House Sends Fed CBDC Ban to Trump’s Desk as Housing Bill Clears Congress
by Jason Scottby Jason ScottKey Takeaways The US House cleared the housing package this week, sending a Fed CBDC ban running through Dec. 31, 2030 to President Trump. The Senate passed the …
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Bitcoin
Meta Reportedly Developing Prediction Markets App Codenamed ‘Arena’
by Jason Scottby Jason ScottMeta Chief Executive Mark Zuckerberg has directed a team to develop an experimental prediction markets smartphone app internally called “Arena,” according to a report by The New York …
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Bitcoin
She Won $71.5 Million, Then a Rule Change Froze Her Lottery Payout
by Jason Scottby Jason ScottKey Takeaways Jackpocket ticket won $71.5M on Feb. 17, 2025, but Texas Lottery froze the payout. Texas Rangers probe may reshape courier-app rules affecting DraftKings and lottery sales. …
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Bitcoin
HSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows
by Jason Scottby Jason ScottKey Takeaways HSBC launched its tokenized deposit service in the UAE, adding the dirham to a 24/7 blockchain cash network. The rollout expands HSBC Orion’s footprint, boosting corporate …
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Bitcoin
Cboe Launches Prediction Markets With Yes-or-No S&P 500 Index Contracts
by Jason Scottby Jason ScottKey Takeaways Cboe launched XSP binary options via Interactive Brokers, entering retail-focused prediction-style derivatives. Contracts offer fixed $100 or $0 payouts based on index settlement, simplifying S&P 500 …
