U.S. Posts $345B August Deficit, Net Interest at 3rd Largest Outlay, Gold and BTC Rise
US spending surged to $689B in August as gold hit fresh highs near $3,670 and bitcoin crossed $115K.
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US spending surged to $689B in August as gold hit fresh highs near $3,670 and bitcoin crossed $115K.
The world’s largest asset manager is exploring putting exchange-traded funds on chain, sources told Bloomberg.
BONK rallied 9% in a volatile session, testing resistance at $0.000024 even as newer meme tokens gained attention.
The CoinDesk Memecoin Index (CDMEME) rose more than 11% in the week, outperforming bitcoin’s 1.4% move.
“Dogecoin started as a joke, and now Wall Street finally gets it. The ETF approval proves that institutional investors recognize the real value in community, culture, and accessibility,” one dogecoin proponent said.
Bitcoin fell and gold pulled back from a record high after the news hit.
Cboe’s new derivatives aim to bring a regulatory-friendly version of perpetual futures to institutional and retail markets.
The mobile platform is designed to simplify buying bitcoin and gives rewards to everyday users.
Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.
Sergey Nazarov met with SEC Chairman Paul Atkins and told CoinDesk he’s impressed by how serious Atkins is about moving quickly on tokenization.