Market News page 12

Newly released minutes reveal a split among policymakers over whether to raise rates further as price pressures lingered. The Federal Reserve released minutes from its July policy meeting on Wednesday, offering a look at internal debate over the path of interest rates.

Institutional demand through Fidelity's platform persists even as broader Bitcoin ETF flows turn negative. Fidelity clients bought $23.92 million worth of Bitcoin in a recent single-day session, according to CryptoBriefing. That figure formed part of a larger two-day total of $134 million in Bitcoin purchases attributed to Fidelity clients, reported separately by CryptoBriefing and AMBCrypto.

CryptoBriefing and Yahoo Finance both describe Broadcom dragging the Nasdaq down while the Dow and S&P 500 rose, but they attribute it to different causes, magnitudes, and dates. CryptoBriefing and Yahoo Finance both describe Broadcom dragging the Nasdaq down while the Dow and S&P 500 rose, but they attribute it to different causes, magnitudes…

An amended filing for Grayscale's proposed Zcash ETF discloses discussions with parent company Digital Currency Group over an in-kind contribution. Grayscale has submitted an updated amendment to its planned Zcash exchange-traded fund. The filing discloses that Digital Currency Group, Grayscale's parent company, is in discussions to contribute 200,000 ZEC to the fund.

A sudden surge in Bitcoin and Ethereum prices triggered a wave of forced liquidations, prompting commentary on diverging crypto and AI-linked asset performance Bitcoin and Ethereum posted a sharp price surge that caught many short sellers off guard. The rapid move triggered a cascade of forced liquidations across derivatives markets.

A rapid price surge forced traders holding bearish bets to close positions within a single hour. Bitcoin surged toward $70,000 in a rapid price move that caught many traders positioned for a decline. The rally unfolded quickly enough to trigger a wave of forced liquidations across derivatives markets.

Softer economic readings and shifting expectations for Federal Reserve policy have pushed the dollar to its weakest level since spring. The US Dollar Index has slid to its lowest level in three months, according to CryptoBriefing.

Yahoo Finance reports the Treasury has expanded its buyback operations to calm rate volatility as inflation concerns persist. The US Treasury has expanded its debt buyback program, doubling its scope in an attempt to calm turbulence in the government bond market, Yahoo Finance reported.

A wave of short liquidations followed the Treasury's move to rein in long-term borrowing costs. The US Treasury has stepped up its debt buyback operations, doubling the pace at which it repurchases outstanding government bonds. The stated goal appears to be holding long-term yields near a 5.3% ceiling.

The Swedish Bitcoin treasury firm reported a multimillion-dollar loss while retaining its position as Europe's second-largest corporate BTC holder. H100 Group, a Swedish firm that has positioned itself as a corporate Bitcoin treasury company, has disclosed a loss for its most recent reporting period.

CryptoBriefing reports the South Korean chipmaker is lifting prices as global demand for advanced semiconductors climbs. Samsung has increased prices for chip manufacturing contracts by up to 15%, CryptoBriefing reported. The move reflects growing demand across the global semiconductor supply chain. Samsung is one of the world's largest chip foundries and memory producers.

Falling treasury yields lift equities while Moderna's stock extends a six-month rally on positive trial data. The Dow Jones Industrial Average climbed roughly 100 points in trading, buoyed by a pullback in treasury yields. Lower yields typically ease borrowing costs and reduce the appeal of fixed-income alternatives, prompting some investors to rotate back into equities.

Binance's TradFi perpetuals segment reportedly hit $6.87 billion in volume as SanDisk trading outpaced its Bitcoin and Ethereum counterparts. Binance's perpetual contract tracking SanDisk stock has reportedly recorded higher trading volume than its Bitcoin and Ethereum equivalents within the exchange's TradFi perpetuals offering.

Fresh capital flows into spot Bitcoin ETFs coincide with a Hashdex fund liquidation and Bitcoin trading below a key technical level. Spot Bitcoin ETFs recorded $189 million in net inflows on the reported trading day, according to multiple market trackers.

New filings show Bitcoin ETF holdings rose 8% even as the asset's price fell 14% during the quarter. Bitcoin's second-quarter price drop did not trigger a uniform retreat from institutional investors. Newly reported filings data shows a clear divide in how different classes of large holders responded to the decline.

Reports diverge on whether Hyperliquid's token is rejecting resistance or building momentum after a reported $23 million investment. HYPE, the token that powers the Hyperliquid derivatives exchange, has run into resistance near the $60 mark. One report said the token failed to clear that level, prompting speculation about large short positions in the market.

Total stablecoin holdings on exchanges slid to $64 billion, with Binance capturing a larger share of what remains. Stablecoin reserves sitting on cryptocurrency exchanges have fallen sharply, dropping 20% to reach approximately $64 billion.

The debt raise funds a prime brokerage expansion, yet traders show little reaction in XRP markets. Ripple's brokerage division has secured $275 million through a senior notes offering, according to reporting from CoinDesk and BeInCrypto.