๐๐ #BTC Glassnode: Since our Aug 25 post, distribution has softened but not reversed. Most Bitcoin cohorts remain below the 0.5 threshold, indicating sell-side pressure persists. No group is showing strong accumulation (>0.8). The market remains in a broadly neutral-to-distribution regime.
๐ฐ #BTC Hyperscale Data Invests $100M in BTC Treasury. prnewswire
๐บ๐ธ๐ฃ Trump: Companies and corporations no longer have to report quarterly.
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๐ฐ #SOL Helius raised $500M led by Pantera to launch treasury company SOL
๐ธ๐ฌ๐ฆ Singapore Gulf Bank (SGB) and Cactus Custody, owned by Matrixport, announced a partnership to offer institutions 24/7 regulated storage of fiat assets and will allow customers to manage cash and digital assets on one platform. x.com
๐ช๐บ๐ค #LINK 21X parapartnered with Chainlink to tokenize securities
๐ช๐บ๐น The French financial regulator warns of gaps in regulation of the cryptocurrency industry in Europe, saying it may ban some companies with foreign licenses from operating domestically. The Authority for Financial Markets (AMF) expressed concern that cryptocurrency companies are "opting out" of jurisdictions with more lenient conditions under the EU's new MiCA regime, which allows companies to obtain licenses in one member state and use them across the bloc. #regulation
๐ฎ #UMA Polymarket launches betting market on company reports.
๐ฟ Jesse Pollack (founder of Base) stated that he is exploring the possibility of launching a token.